Nasdaq

3 years weekly. MA 20/40 crossover at a point where Nasdaq reach it´s All time high. A failure to pass the previous top. A weekly candle that is close to a bearish engulfing. Stochastics confirm. I will not buy in to this market. I will stay out.

Fallande primärtrend

Ett sätt att öka sannolikheten är att låta flera index bekräfta varandra, det finns fler än dessa 3 som nu befinner sig i fallande primärtrender, men det kanske räcker för att illustrera.

Dow Jones.

Global dow

OMX

Dow Jones MA Cross-over Long term

This have been coming for a while.

It is a long term sell signal and we have not seen this 

for several years.

There might be choppiness in the market for a while but I now regard the long term trend as negative