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.
chart courtesy of stockcharts.com