20090617

The WIG Index significantly fell -2.09%:



The volume is barely higher, but it's still decreasing. Oscillators show negative divergences as lower low were made.
The overall sentiment is rather negative, but as for now there are no technical signs of trend reversal on wider time frames.

There is an interesting tool - McClellan Oscillator (here).

Good summarizing of general situation in US; few self-explaining charts can be also found there (here).

Sources:
[http://www.thedisciplinedinvestor.com/blog/2009/06/16/mcclellan-oscillator-the-trend-is]
[http://seekingalpha.com/article/143661-looking-at-this-recession-in-a-historical-context]