Welcome and thank you for visiting!

The charts and comments in my Blog (posted in Eastern Time) represent my technical analysis and observations of a variety of markets...
*World Indices *U.S. Indices *Futures *U.S. Equities & Sectors *ETFs *Commodities *Forex
...an expanded version of the "Observations" section in my private Daily Trading Journal.
***N.B. ~ U.S. bond & equity markets closed on Monday, May 27th for Memorial Day holiday.

Tuesday, November 22, 2011

Armageddon coming up for Europe?

None of the European stock market indices look very  healthy. The Daily chart below of the European Financials Sector ETF, EUFN, is a reflection of that health. A break below the high-wave spinning-top's low of 13.64 with conviction could be Armageddon...I've set my alert...

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