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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

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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.