20100204

The WIG Index fell -3.34%:

The daily sell signal has been generated, nevertheless the WIG Index is still above its primary low (ca.37400).
Almost all markets experienced a significant drop today: Europe (here), US (here), Asia stock markets were rather neutral (here).

Technically speaking we are still in primary uptrend, however the overall picture is quite negative. It's too early to short positions, but we should not enter new ones either.

Sources:
[http://www.marketwatch.com/story/us-stocks-open-lower-on-jobs-europe-woes-2010-02-04]
[http://www.eitb.com/news/detail/348901/stock-exchange-portugal-spain-and-greece-led-aglobal-retreat/]

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