Today's (Thursday's) price action gapped down and closed below horizontal
support on the European Top 100 Index, as shown on the Daily chart
below.
The RSI, MACD, and Stochastics indicators are signalling more
weakness ahead…one to watch, in view of the comments I made in my post of November 12th. Downside follow-through on this
index should also produce further weakness (and probable support breaks) on the DAX,
CAC, and PIIGS Indices.
