2011/05/17 kimblechartingsolutions.com: S&P 500 gives early warning signal - DOMINO effect ahead?

On May 14, Chris Kimble posted an eluding summary chart of six very important indices, all of them run up against resistance and testing support. He also noted that "..., risks are much higher than normal right now" and asked "Great escape time?" In his follow-up post of 17 May he then suggested that the observed move of the S&P 500 below support should be watched with great care, as "odds are very high that support across the board will break!!!", so his words.

SO BE ON HIGH ALERT FOR A DOMINO EFFECT !