monday madness, page-38

Thanks Muzza, however why wouldnt you have the T/L touching the lowest points, in which case the latest price action would be below the T/L. ?
Either way, if the DOW is to fall further, of which there is a good chance, then the FTSE will go below either T/L. That being the case, they will just establish another parallel trend channel with the same starting off point in '03 and a new low around the 5800 level.

so I wont get too hung up about where the line is drawn or whether its broken the the lower T/L. these patterns change constantly to try and fool us.lol