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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18/07/2014
SWED week 09:49. SWED weekly down trend - without a cross - will accelerate next week. The 8 MA will go down to 384 and will be a strong R for upside. There is a possibility that we have seen the high before a correction
Week. Eye the weekly bar and see where the 8 and 21 MA are now. The price is in the middle. The price 384 might be the high for next week and the rising 21 MA the support
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