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Welcome and thank you for visiting!

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...
please read my full Disclaimer at this link.

Cabin

Cabin

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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...