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.
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SP500 day, 2 hr bar and dot and 1 hr 03:39. The index has opened Monday as expected with the price even below the day rising 21 MA. The three hourly trends are strongly down with the 1 hr falling 200, 100, 50, 21 and 8 MA all down.. Most important is the drop below important support at 689. But here is a big gap which has to be closed. Very interesting day.