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The charts and comments in my Blog (posted in Eastern Time) represent my technical analysis and observations of a variety of markets...
*World Indices *U.S. Indices *Futures *U.S. Equities & Sectors *ETFs *Commodities *Forex
...an expanded version of the "Observations" section in my private Daily Trading Journal.

*** N.B. to my readers: Although I stopped trading in July 2013, I still take a peek at the markets now and then and post the occasional article here on my Blog.
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Monday, 21 November 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.