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Strategies & Market Trends : Steve's Channelling Thread
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To: Zeev Hed who wrote (19306)6/29/2001 9:47:54 AM
From: Pink Minion  Read Replies (1) of 30051
 
>>> As for the channels, they do not necessarily have to be up or down, they can be lateral, as a matter of fact, I believe an up channel to consists of a plurality of boxes stacked above (or below) each other. Right now, I think the Naz is in a 2050 to 2250 box

Hmmmm. You mean your channels are not trendlines but boxes that are stacked?

Maybe I need to go back to school since I thought channels were the "space" between the top trendline and bottom trendline.
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