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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18/08/2013
SP500 weekly close. A difficult call to make for Monday. 655 is holding so far but a new test of this crucial S will start trading Monday morning to test this bottom again.
Month
Week
Day. 50 MA has given support and is still rising. below he 100 MA could be tested which means 634 area. But a turn around is also a possibility.
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