The market finds support at the mid-channel and moves up into the area of declining resistance.
The oscillators are still indicating hesitation and a need for consolidation.
With the channels moving towards each other I would expect some choppy and confusing behaviour whilst stabilising at these levels.
Be prepared for whatever is coming next, and trade with confidence:
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Disclaimer: This is the diary of a personal trading system, its methodology and the signals that it is producing. You are welcome to follow along but please understand that the information presented here is for educational purposes only. No recommendations are being made to buy, or sell stocks, options or futures contracts. Please consult your own financial advisor before making any investment decisions.