LAST WEEK, HERE → "Sell 25,606, out on a daily settle above 25,722, TP1 25,386, paid at 25,237–25,178."
Wednesday ran through the sell to 25,833 and settled at 25,769, over the 25,722 line, so the short was dead for 454 points and there is nothing to argue.
Friday then took the tape to 25,119, through the whole pay zone, and the week settled at 25,261: the right read, paid to nobody.
THE SETUP: SHORT
Last week ran to 25,833 and settled 457 points red at 25,261, 118 under the prior week's low.
October has run at 25,830 on the 16th and the 21st, and both times the next session opened lower and handed back more than 400 points.
Monday has bought 305 points off a 25,251 low into 11:05 CET, topping at 25,556, 4 points shy of the 61.8% retrace of last week's 714-point drop.
Every settled week is graded in public: https://GekkQuant.com/futures-weekly-results/
