Browse Stacks: Patterns: Channels: slopechart_$OEX.jpg

slopechart_$OEX.jpg

Channels within Channels: 

Today's bounce in the S&P 100 (highlighted by the cyan oval) off the bottom of the purple channel nailed the centerline of the much larger green channel that begins on March 6, 2009 - the financial crisis bear market low. 

The orange rectangle highlights the action on March 6, 2020.

Image added via SlopeCharts
slopechart_$OEX.jpg

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“Sometimes a cigar is just a cigar ...”. Sigmund Freud. 4/23/20
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