This blog is about how the world stock markets perform and which way they will take next.I have developed my own technical tools during 30 years to give the investor early warnings for coming big changes in the main trends and for the trader to take positions before the markets react.
Click all charts.
SP500 has probably seen todays high. In 2 hr chart below the left bar from current which ran from 16:00 to 18:00 closed at the bottom. Currently the 8 MA is holding the last bar from falling further. The MA is not strong enough to hold another rally up to today's top. Is the rising bond yield already biting?