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.
22/08/2013
SWED day and 1 hr Wednesday close. SWED reached my first target set yesterday - in my blog 14:36 - at 228. The daily 21 MA will turn sideways on opening at 09:00 and the 8 MA will continue down. The 1 hr chart below show 5 waves from the top so I suspect that the coming daily crossover between the 8 and 21 MA will finish the uptrend even technically soon.
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