Channel Magic
Channel Magic
1:42pm EDT: My little scalp didn’t work out so well. Geronimo is still in the game but might hold through all the intra-day whipsaw. Here’s a reasonable channel for you rats:
We seem to be sliding down the lower border – bulls are suspicously MIA.
3:16pm EDT: Careful rats – we might get a repeat of 4/20 here – hat tip to Eric_in_SF.
4:51pm EDT: Guess Eric and I were right – let’s see what the last few minutes bring. BTW, breadth on the SPX right now is 24:1 declining issues – if we get a pop it’s pure program trading.