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$ Index, Too Risky to Chase...

Discussion in 'Technical Analysis' started by ActionForex.com, Dec 16, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    $ index is sharply lower, accelerating to the downside after last week's break below key support at the bullish trendline from late Oct. Though there are no signs of even a short term bottom "pattern-wise" (at least so far) leaving open some scope for further downside ahead, the market is...

    complete article here...

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