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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...
an expanded version of my trading journal...
* 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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Monday, November 21, 2011

Portuguese Stock Index sliding into the abyss

The Portuguese Stock Index has been slowly and steadily sliding down below 3-year support into the abyss, as shown on the Daily chart below...with no reversal or divergence yet on the indicators, one can only assume a continuation downward.