Top Ten Properties of Channels I overlooked in a rush to start âpushing the buttonsâ: (continued) Illustrated here Would appreciate any feedback, comments and more importantly additions to the Top Ten list.
This also depends how the channel is broken. Expect to fan if it is broken on decreasing volume. regards, Ivo
I would like to dub today "the day of the many similar channels". Due to circumstances beyond my control, I was not able to annotate during market hours monday and tuesday. Hence I did not post any charts for those days.
ES Daily Chart June 11/2008 Daily ES bar made a LL and a LH on increasing dominant volume. Also today decreasing price formed a volatility expansion of the down channel. Total range today = 28.5 points Close of daily bar = 3% of the range today.