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could you post your chart of the channel? Thank you, Ira.
BL wrote:
As
long as the market respects the current Stealth Channel for QQQ, the high
20's will serve as a bottom area which coincides with the previous major
bottom pivot. Based on the contracting characteristic of the channel,
a breakout should be abrupt in nature. In addition, this long-term channel
trend is approaching its end. The most recent price excursions have not
been major to signify the current trend is over. See
- http://www.hitech-analytics.com/QQQ_channel_1.pdf
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