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.
SWED day and 2 hr plus what a drop of main resistance (R) could mean. Remember that a sudden drop down to support line will probably not come until 8 MA is close to cross 21 MA on downside. When R breaks however it will go very fast on downside I presume.
SWED day 11:11 If or when 1.214 is taken out the drop could go to 1.182 which you can see on the charts