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.
07/08/2013
SP500 2 hr trend has reached a low of 689.08 and a break could come soon or during the day. The 2 hr 8 MA cannot be crossed on upside unless some extra ordinary news comes. The MA will continue down until after close if everything goes normal. A very, very important day for the long term trends. Still holding short positions at 705 for hopefully long term investments.
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