Monday, October 3, 2011

Morning Market

I'm putting this up in the afternoon because we had important news today.  In the equity charts below, we have major support being broken.  This is extremely negative and indicates we can  probably expect a continued leg down over the course of the week baring a fundamental event (Greece doesn't default etc..)





2 comments:

Jimdotz said...

I'm tempted to post of a picture of a wincing Wile E. Coyote standing momentarily a few steps beyond the cliff in mid-air, but that's probably a bit too strong a metaphor at this point. The graphs look poor, but not that poor.

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