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Crossing the Channel

66

Crossing the Channel

Crossing the Channel

by The MoleFebruary 4, 2009

It’s amazing how well my channel has played out – this is another chart we should keep an eye on. A breach of the lower channel line would also roughly coincide with a swing below the ES 841.75 R1 pivot (give or take a few points). But until we cross this channel let’s not get too exuberant and jump to conclusions.

About The Author

Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.

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