TRENDS, IF THERE IS ONE! 6/14/13

Sell high, buy low; or buy low sell high.  That's a trend channel bouncing off the trend lines. The third option, buy/sell and hold as PA moves up/down the channel.

If the trend seems over by the time you open your charts, then look for an exhausting run pull back.


ES

A down channel with a perceived upside limit.


CL

run appeared over at the US open.  PA  broke the upper 50CB TL and returned into the original channel before turning flat in a narrow trading range.