All European indexes have fallen steeply since opening this morning with huge gaps. The strong support from the 8 week rising MA has been penetrated in Italy and other countries's indexes are close to this MA.
The European indexes has been open two and a half hour and there is no letup in selling pressure.
DOW closed Monday at 11.956 and is now trading at a new low of 11.793. If this trend holds there could be a very nasty opening gap in the US at CET 14:30.
The European indexes has been open two and a half hour and there is no letup in selling pressure.
DOW closed Monday at 11.956 and is now trading at a new low of 11.793. If this trend holds there could be a very nasty opening gap in the US at CET 14:30.
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