Out of bracket lows

When a break of a bracket to the upside is denied as we saw a few days ago the market will go to lower extremes fast. The same is true in the lower extreme of the bracket. The market don’t have enough fuel to get lower so it gets up with strenght. The market opened in the 1120 levels and closed at the end of the day in the 1160. We don’t know if 1160 was accepted as the market didn’t had time to form volume.

1158.00 m
1157.25 m
1157.00 m
1156.50 m
1155.00 m
1154.50 m
1154.25 m
1153.75 m
1153.50 m
1153.00 m
1152.25 m
1151.50 m
1151.00 m
1150.75 m
1150.50 m
1149.50 m
1149.25 l
1149.00 lm
1148.75 lm
1148.50 l
1148.25 m
1148.00 lm
1147.75 lm
1147.50 l
1147.00 l
1146.75 l
1146.50 l
1145.75 l
1145.50 l
1145.25 l
1144.00 kl
1143.75 efk
1143.50 k
1143.25 ek
1143.00 efk
1142.75 ek
1142.50 efk
1142.25 ek
1142.00 fk
1141.75 afg
1141.50 fgk
1141.25 efgjk
1141.00 efgjk
1140.75 efgk
1140.50 ag
1140.25 0fgj
1140.00 aefgj
1139.75 efgj
1139.50 fj
1139.25 adefjk
1139.00 afjk
1138.75 aej
1138.50 adj
1138.25 adej
1138.00 ad
1137.75 adgjk
1137.50 dgj
1137.25 aegh
1137.00 ej
1136.75 adg
1136.50 dgi
1136.25 dgj
1136.00 adghi
1135.75 agi
1135.50 dghi
1135.25 aghj
1135.00 adhi
1134.75 adi
1134.50 hi
1134.25 dhi
1134.00 dhi
1133.75 chi
1133.50 ach
1133.25 achi
1133.00 adhi
1132.75 chi
1132.50 dhi
1132.25 chi
1131.75 abc
1131.50 ab
1131.25 c
1131.00 b
1130.50 b
1130.25 c
1130.00 bc
1129.75 bc
1129.50 b
1129.25 bc
1128.75 bc
1128.50 bc
1128.25 bc
1128.00 c
1127.75 b
1127.50 bc
1127.25 b
1127.00 b
1126.75 b
1126.50 bc
1126.25 b
1126.00 bc
1125.75 bc
1125.50 b
1125.25 c
1125.00 bc
1124.75 c
1124.50 b

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Normal distribution in lower extreme of bracket

Market hanging in the lower extreme of the bracket. In here to get lower we need more bad fundamental economic news to fuel more downside move. As this didn’t happened today the market is hanging in the extreme forming a double distribution.

1135.25 j
1135.00 j
1133.75 ij
1133.50 j
1133.25 i
1133.00 dij
1132.75 d
1132.50 ij
1132.25 j
1132.00 j
1131.75 ei
1131.50 dijm
1131.25 dfim
1131.00 dijm
1130.75 dem
1130.50 fjm
1130.25 defgi
1130.00 fjm
1129.75 djlm
1129.50 cefl
1129.25 cdfilm
1129.00 cfgjlm
1128.75 cdejl
1128.50 dfg
1128.25 efgiklm
1128.00 cdefgilm
1127.75 defgjk
1127.50 afgklm
1127.25 cdegijklm
1127.00 adefgijkm
1126.75 defijkl
1126.50 adefgjl
1126.25 cdehijklm
1126.00 befghikl
1125.75 bcehk
1125.50 aeghjkl
1125.25 ghk
1125.00 eghi
1124.75 aghik
1124.50 abchi
1124.25 ckl
1124.00 abchk
1123.75 ach
1123.50 agh
1123.25 acgk
1123.00 bcgl
1122.75 bc
1122.50 h
1122.25 abch
1122.00 abch
1121.75 a
1121.25 c
1121.00 ac
1120.75 bc
1120.50 ab
1120.00 b
1119.75 b
1119.50 b
1119.25 ab
1119.00 ab
1118.75 ab
1118.50 b
1118.25 a
1118.00 b
1117.75 a
1117.25 ab
1116.50 b
1115.75 a
1115.00 0
1114.75 a
1114.50 a

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