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...
...an expanded version of the "Observations" section in my private Daily Trading Journal.
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.