Chart Update as the Med Indices have fallen sharply over the past weeks
Quick chart update. The Trader has been rather bearish on the Spanish and the Italian markets over the past weeks. Both indices have reached some short term suppot levels though. The long term picture is still ugly, but selling into these support levels is probably not wise.
The Eurostoxx 50 is not trading well, but has also reached some short term support levels.
Essential European charts below.