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There was a complete reversal of the price decrease from the start of the day to the low of the day on Friday, November 07, 2025 (for the E-mini S&P 500 futures during RTH). How do some explain this? What indications on the chart made it more certain that this was going to happen, before it did?
On a higher time-frame, the price was in a bear-channel and broke below it during RTH. According to Al Brooks, 75% of breaks below bear-channels fail. Also, there were bull-bars near the first few bear-bars, and they were strong. This indicated that buyers were certainly going to be interested in buying at a lower price, while their premises still remained bullish.
