All the main stockmarkets indexes in the world show the same pattern. Sideways to down. A correction on upside is possible but not a trend change to new highs. The coming days or weeks will show where the indexes are heading. So far FTSE is the only index with a clear sell signal after the monthly cross by 8 and 21 MA on downside. The Dow is next and will be followed day by day carefully.
Fridays late rally is still technically in an uptrend and can reach the monthly 8 MAs.
The worlds biggest company owned by investors all over the world is Apple. Only good news so far but the trend must take 121 and 134 to show strength.
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Fridays late rally is still technically in an uptrend and can reach the monthly 8 MAs.
The worlds biggest company owned by investors all over the world is Apple. Only good news so far but the trend must take 121 and 134 to show strength.
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