How To Read Channels

[elovemer]

spy 5 min rth

 

[elovemer]

....couple of support and resistance channels...

... using linear regression channels....

... 1 min ... ym ... rth

 

[elovemer]

....don't need to post the result

Quote from elovemer:
needs to continue on down... otherwise
30min rth

 

[ammo]

elo ,where is your res on spx?

 

[elovemer]

Quote from elovemer:
....couple of

 

[elovemer]

resistance the 2nd time ?
yellow
30min rth

 

[elovemer]

.... this is an important pattern..... at certain times....

Quote from elovemer:
needs to continue on down... otherwise
30min rth

 

[elovemer]

.....there it is again

Quote from elovemer:
.... this is an important pattern..... at certain times....

 

[elovemer]

again

Quote from elovemer:
did i mention....
... resistance at previous weekly channel ?

 

[jack hershey]

Hi,

as you posted, we went through a very significant day today.

I show on your chart the two events
:

1. the VE and the pts 1 ,2 and 3 of the new channel.

2. The hug volume that kicked in after point 3 really tested the S and finally by close the dominant traverse appeared going into the close breaking through S.