Charting India: Going Back To The July Lows?

India's Sensex Index got pounded in Asian trading overnight, closing down another -3%. After making a valiant effort to breakout through my model's resistance line at 15,211, the Indian market closed at 14,239 and now looks very ominous as a result.

Asian economic growth is slowing, big time.
  • The BSE Sensex Index looks ripe to test its July lows near 12,500.
    KM
chart courtesy of stockcharts.com