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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30/10/2013
SP500 2 hr and 15 min 15:42. I am following SP500 now since all the other indexes follow each other in this critical situation which actually is a question if SP500 should try to rally and take and hold 776 or give in to a retest of 768.
SP500 2 hr 15:42. the 8 MA is so far holding a cap above upside trials and the 770: 40 is a very strong support.
Observe the US news at 19:00 when FOMC will announce their decision about interest rates etc. The whole world is waiting for that now.
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