POTC-
Tuesday, August 27, 2013
German DAX Signals a Failing 13-yr Triple-Top at 8,000
POTC-
India's Sensex closed down 590 points (3.18%); Eurozone and U.S. Stocks Reeling
Sensex breaks 18,000 and closes at 17,968 (1-day chart):
17,300 next test as Indian Rupee continues to dive vs U.S. Dollar (1-yr chart):
Max time-frame chart signals a failing Triple-Top at 20,000:
If 17,300 does not hold the Sensex could break below 16,000 by year-end.
POTC remains bearish on the S/P in this last week of August.
Thank You.
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