Here is a short movie that shows the 5 minute chart of ES and a new channel (PRS of course) that seems to have many touch points. Especially those "thin tails" are the important ones as they showed big moves stopped by some support or resistance.
http://screencast.com/t/ZGJlYjlhNT
Great charts, Steveo. Man, the Euro chart is uuuuuug-ly. Whoomph.
ReplyDeletethanks, did you notice that PRS 133, of the PRS 133....becomes a PRS 177, which the creator of the PRS told me is often a "far catch" too. Cool stuff.
ReplyDeleteOf I forgot.....I am very bullish looking for a bounce, bullish, bullish!
ReplyDelete