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TFC Commodity Trading Forum

Re: Dow YM Weekly
In Response To: Re: Dow YM Weekly ()

The red plain channel is what I am focusing on...I think that has a good chance of holding. The blue lines are hidden trend lines...they tend to be more sloppier than the plain channels, with the plain channels I expect them to hold and make a hit on the line...if penetrated, then I expect the next channel line to be hit at the next pivot. The green lines are a 50% of the hidden trend lines, I expect a reaction at each line.

Best of good trades, Spike