This is an update on our weekly chart idea that
we have been tracking and trading
successfully over the last few months and
currently still being respected.
so far we were able to track the entre move up
and down twice with level to level tracking and
our long term swing range zones have also
provided the bounces each time.
LAST UPDATE

Last week we stated we were seeing price
preak out of the channel with a candle body
close gap open to 2360, which was hit perfectly
closing the gap and we also stated that we will
need to see EMA5 break out of the channel for
further continuation above the channel with
2438, as our long range/term target. Failure of
ema5 to break outside the channel will see
price back into the channel for the channel half
ine challenge, as the new updated swing
range.