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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16/02/2014
FTSE weekly also seems to stop further uptrend. Indicates strongly that the correction high was 14.2. Same situation as the DOW below.
FTSE Week 14.2. The 8 MA will fall to 673 Monday opening. Close was 670.
With both Dow and FTSE showing the same thing I now give a WARNING and advice to sell.
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