The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (76337)	2/8/2025 10:50:44 AM
From: Doug R	Read Replies (1) of 79516

A parallel of the target line can be used as a type of channel line. On the S&P, a parallel from L1 in Oct. 2022 was support for the L1 on the current inverse target line construct This symmetry strongly suggests that it could be an important support/failure indication shortly.

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