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.
06/11/2014
DAX day 09:35.. So far the falling 50 MA gives resistance and is down. The more important 8 MA is up and must turn down for the up trend to change..The US indexes perform in the same way. However the 8 MA will start loosing momentum Friday. Above the 50 MA are the falling 100 and 200 MA. I am still waiting for a sign of trend change, so far the trend is up since the 8 MA is up.
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