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The three month up channel has been very precise, consistent in its waves and has shown no sign of weakness all the way up to the upper line of the two-year red downhill channel where it's at now. With traders still eyeing solar plays when the market starts to get shaky, this well structured 2-month ascending channel might be the one that breaks it out of the two-year downhill channel to make a run back up to the green midterm channel (shown in the lower chart).
Trade well my friends
Alan
