Another week gone, with another 5 candles to continue the story ... ...
We're getting deeper into this "fearful month" of OCT, and it seems to be living up to it's reputation "so far"
Price sitting on S3. There were two textbook bears here. A: one tick below 200ema. B: one tick below S3. Bear A is happier :-)
Price falling too fast away from my 8ema. Another maximum of between 1 -3 bar, i am going see a pseudo around the blue region or channel bottom. It would be good if emini plunge another 25-30 points first half of the day hitting Year End Close of 1845.20 and by end of session bulls from S4 push the price up. S4, YEC level coincide with channel bottom.
I am obsessed about channel.
Note: It is only my humble opinion