SPI, page-4

Acouch, that's another interesting way of looking at it, although basically I'm a Gann fan.
If you want a channel that has not been broken since the start of the bull run in 1993 try this.
Trend line starts at the low of Dec 92 at 1341.
run it through the lows of 97 and 98 (a monthly chart is best for this).
You will see that line has never been broken and gave us the exact bottom for Sep 24th.
Now start one at the high of that first bull run (Feb 94 and run it through the high of 99, you'll see it picks up a few other more recent highs.
Although a very wide trading range, I believe this is the scope of where the market "can go", it's really been on a bull run since the 87 crash with several bear runs as corrections since.
I was spewin that I was only paper trading at the September crash, my mates made heaps by being short and picking the exact turning point to go long. My paper portfolio was fast approaching the "retire and go fishing" stage.
I still love Gann technology for most futures charts, combine his percentages with double tops and bottoms and you almost have a trading plan without anything else. Grab a bit of Yogi's time cycles and it gets better. The most recent big high in the 10 year bond could be spit into 4 X 25% ranges from the double bottom, and turned at each one exactly all the way up (ie it made 100% of the first range three more times)
I was on that one, but damned if I picked the sudden drop afterwards for fast bucks. I took my profits on the last turn but never went short, simply waited for the next run up and watched dollars go begging.
Ahhh well, the ups and downs of trading.

You seem to use indicators more than me yes?

Bomber