RANGE DAY: PART 2 1/22/14

RANGE bound days are to be prizes. Why?  As price stays corked up the pressure builds for a significant break out run, and those are very profitable trend runners.

Today price stayed inside the target area.  Playable? Yes.  Exciting?  No, but we are waiting for the better payoff...

Y-LB  yesterday's Long BOT (break out target)
Y-SB  yesterday's Short BOT
LB and SB today's range.

Nice channel inside the range with a failed breakout which held at a 50CB.