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.