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.
22/10/2013
SP500 2 hr 08:45. The 8 MA has turned down towards the 21 MA but there is no cross. Even if there could come close to a cross the US has every day pushed the trend on upside - even to a new high - when NYSE opens. This chart looks like the beginning of a down trend but be very careful. At 14:30 there is the US employment situation which always use to move the markets.
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