Hey: I would prefer no other posters for this please I simply want to offer a couple of observations regarding the use of LRC and channels in general. Then you can do what you want with it. Thanks Here is the first chart which is a weekly chart Although this chart goes back a few years, I am most interested in the channel that starts back in January of 2004, lasting to the present day. As you can see, during that time we have been in an uptrend on the weekly time frame and currently we are at a decision point, that my teacher used to call an "impasse". We could correct down or we could move back into the channel to continue the up move that has been in place for so long.