Emini S&P Back to Middle of Nowhere Oct 5, 2015

By Lawrence

Mid-day Update: For Emini S&P, 1970-1990 has been the key battlefield over the past month and a half. It is also the middle zone for the year’s range so far.

2 channels on daily level has developed, one down channel (highlight in red) and one up channel (highlight in green). If Emini S&P fails to clear the down channel top here around 1970s, a retest of the up channel bottom will be in play.

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