India’s Stock Market Tanks

Posted by: Sophia Rees / On: November 20, 2011 / No Comments »

As shown below, Indias SENSEX has completely fallen out of bed over the past few weeks. Since gapping sharply higher on October 27th, the index is down 12.33%. Today the SENSEX experienced a major breakdown as it collapsed below key support levels that were formed by the indexs August and early October lows. This breakdown has many saying Look out belooooooow!