Tuesday, June 16, 2009

Today's Markets

There's been a fair amount of technical damage over the last two days. Let's take a close look. Click on all images for a larger image

Prices have fallen through the 10 and 20 day SMAs along with two technical support levels.


Prices have fallen through the 10 and 20 day SMA along with an important technical support level



Prices have fallen through the 10 and 20 day SMA along with two support levels

Simply put, that's a lot of carnage in a few days.