On the index, price has dropped below its recent consolidation...a further drop looks inevitable.
Tuesday, May 29, 2012
Spain is Still a Problem
Spain is still a problem, as price is trading down on this Spanish ETF during intraday trading on Tuesday morning (in contrast to other Foreign ETFs in my list), as well as on the Spanish Stock Index, as shown on the Daily chart below.
On the index, price has dropped below its recent consolidation...a further drop looks inevitable.
On the index, price has dropped below its recent consolidation...a further drop looks inevitable.