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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05/12/2013
SP500 2 hr need a 2 hr close below 789 to keep the door open for further drop. If 789 is holding I expect 800 to come under test again
2 hr. The trading range now is 778.44 - 799.70. The next break out will come where the range is broken see next picture below.
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