I mean, that channel line goes back to 2009 and last time it was hit was when the EU was falling apart in 2010, remember that? All those politicians going for summit after summit getting there ugly melons on the idiot box.... The channel has only had 2 hits on the bottom and this is only the second hit on the top and that happened Tuesday and now 3 sessions later were going to probably open above it. That is nothing other than a very powerful market. What can hold it down if a line as major as that cannot? A black swan is what, and that is why we use stops.
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