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.
26/09/2014
SP500 5 min 12:29. SP fell below 989 yesterday and took out the first two S lines - 976 and 968.to a low of 966. Current rally seems to have taken back 968 - at least for the moment. First if 989 is taken and held will the top area be vulnerable. The target on downside is 955 with 976 and 968 as first support lines..We are well aware that the US players can take the SP500 to either 2021 or 955 without trouble. Let us wait and see.
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