charter required, page-4

Hi Hiten,
I drew my Standard Error Channel[2] from the 7th Jan '09 high.
This Channel exactly contains the high on the 10th Feb [as Resistance]. It has been down hill ever since?
The inner channels are at 0.25 increments, and seem to reveal support and resistance levels.
I have 5.5c as Major Resistance [both horizontally and the Upper Trend Channel].
A break of 5.5c and a test of support @5.5c would signal a Down Trending Channel Reversal?
I'm sure that would put a smile on the faces of the Long Term holders!
Cheers,
U2

[Chart reposted here]