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.
20/06/2013
SP500 1 hr has crossed R line on upside. A trend change to up is now likely. Yesterday the index could not get above 655 and fell to 634. Stayed for a while and next FIB level 621 was initially broken but is now holding so the target is now to retest 634 again. An uptrend is likely but not confirmed yet.
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