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.
17/04/2013
DAX day now, before the close at 22:00. The picture looks not very pretty at the moment. The US indexes looks much better so far because they does not even have a daily cross on downside. But DAX and SWED have got a long downtrend since the crosses came and they look really ugly. DOW, SP500 and FTSE are holding up fine so far in the daily diagrams. As I have said many times SWED use to show the way for all indexes and now it is accompanied with DAX. I see no possibilities for new highs in the US and expect DOW and SP500 to fall later.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment