Monday, May 17, 2010

Morning Bell: The Volcano eruption has just started.

See the attached charts.

 

  1. Euro has broken down below the horizontal support. That is 2008 Low.
  2. DOW futures is continuing with the Pattern breakdown

 

Expect one of the worst days. May not be a Black Monday, but might get close to that...

 

 

Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.

MASTERSTROKES