Here are the major indexes, as you can see all but the RUT have made nice channel touches.  Now it’s time to see if it will touch and go to new highs, or down to the lower channel off the 3/09 low.

About alphahorn

I received an MBA from Columbia University’s Graduate School of Business in New York and am a Wall Street veteran. I’ve worked for a number of investment banks including Smith Barney and First Boston/C S First Boston in New York. Over the years, I have developed my own Proprietary Swing System and I combine that System with my own Elliott Wave Analysis to trade.
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