Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.

— Marcus Aurelius


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Wednesday, August 28, 2013

Monthly perspectives FTSE, DAX, S&P, DOW

A look at the monthly charts for major indices, LONG TERM.  Looking toppy ..but as they are longer term, may take a month or so to play out.  UNLESS they break significantly higher then odds are that the next BIG move is down, whether it be correction or END of this BULL MARKET from 2009.
A look at the charts shows some bearish divergences starting to show which in the past have all signalled start to significant down moves.



S&P 500


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