Hey Surya,
Thanks.
I saw the pattern happened on the dates mentioned by you. Your analysis is correct. If you see August pattern it's quite perfect and previous dates has confirmations after forming the pattern. What happened yesterday was also the same, but reaction across negative fundamentals generated the negative mind set. As it is rightly said fundamentals has more strength than technicals.
I have replied oguru about what happened today. Please help by elongating opinions and observations.
We will see what's in store for us - hope the negative concoctions doesn't exist anymore, but definitely I would say the bulls are still fighting hard to show bears the door. If they succeed in keeping the support levels strong then definitely the pattern's strength will be proven.
-Vinnie.