paddington's bear, donkey and rabbit - tuesday, page-92

I had one scenario of the emini staying in the down channel. Last night it broke out of it. Here is the 2 hr and I put volume on the chart too as that seems to be a hot topic. Volume is falling, but only price pays.



And the 15 minute of the same contract and the uptrend strength was confirmed with the 3 points between the high and low marked with arrows. 1200 is the big psychological level.



DJI daily and as NL noted through the 50EMA for the first time since the low. Now I want to see if it can keep its head above the internal trend line as well. Still seems the most likely scenario is a 60 day rally from the 4/10 low which would take up to a high around 3 December. Perhaps then 30 days of distribution for another high early January.