ANOTHER BULL CHANNEL WITH BREAK OUT TARGETS 2/13/14

ANOTHER bull channel developed today with early PA staying bullish to the 50CB and the 50CB Trend Line, with a quick run to the +8-+10 for the buyers, which was at the break out target 1812.

1812 was the support holding yesterday, but failed in after hours and Euro Zone trading.  With so many bullish parameters,  pull backs would be counter trend scalps until a break of an indicator.

PA stayed bullish (the gap area) to the 20EMA for the first half of the day, and touched it for support (also at the second 50CB TL).  This began a new micro channel that completed a run to BO-10 and 15.

PA was in a narrow range to end the day.