Here we go - first support to be broken???

Stock Chartist
What appeared to be breakouts now look like heads on potential head-and-shoulder (or double-tops, horizontal channels or descending triangle) top formations in many of the world's stock markets. In many ways, they now look just as precarious as does the US stock market. Note how many of these indexes have crossed below their 200- or 300-dma's and that many of their moving averages have actually turned down. Also check out the OBV volume indicators (click on images to enlarge):

ShiftCTRLGRoup

This is a world-wide phenomena. All countries around the world have run out of money, including the US. Anyone who thinks we will weather this and not be impacted must be living on another planet. Gold is quickly replacing the $US as the world's reserve currency (the store of wealth).