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.
09/05/2013
SP500 now in very crucial technical situation with 1 and 2 hr charts after 10:00 close. The very important point is 1.628.98. A break below this point and holding below will get a trend change down for the 2 hr important trend. If it holds the chance is still that the trend will move up again. This point is supported by the rising 1 hr 21 MA.
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