End of Week Closing Summary

Wrapping up September and Q3

Good evening

What an eventful week we’ve had! The theme of having increased volatility this week, specially off the means (6752-6758-6764 area), was quite the play. This meant we could see some two directional price action, whipping us back and forth. We also had multi flips this week which can tend to do that. A few of the major points from this weekends report.

We have odds to test 6749-6750 area but this also can imply stalling there before getting continued range breaks. This is also implying that we could push into the means area, between 6754-6765.50 off our opening/close ranges. There’s quite a bit of confluence up in the means area between 6750-6766. While this can imply some volatility. I’d expect we may see some two way action this week, in the event we stall the means or channel.