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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...
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Winter bird bath

Winter bird bath

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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...