Monday, September 14, 2009
The /ESU9 Channel Back Test
Stockcharts is really pissing me off this morning. Nothing is updating and I feel a little lost. I have TOS as a back up thank goodness. Notice TWO things 1) the back test and 2) the coincidental hit of the 50% channel line (red) of the larger channel formation. The dailys could continue to run up and will if HAL 9000 and a few fat fingered traders get to geeked up on some 5hr energy, but they look to be turning or at least trying to turn IMO. Keep an eye on things.