we are currently FLAT the DJIA at this time. the neogann channel is 9603-- 9497-- long above, short below and FLAT in the middle. our tools of choice are the YM and DIA for the system.
the upper channel figure of 9603 acted as strong resistance forcing the dow back into the channel when approached within less than 4 points. we are still FLAT awaiting breakage.
we are short from 9497 in the DJIA, and profitable on the entry at this time. the figure is has been confirmed and is acting nicely as resistance on the upside. our entry level stops are at 9513.