Channel Guy: Stock Market Technical Analysis for ending day 07/06/07

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It is very funny because I called the head and shoulders pattern that I was expecting in the futures market and now if you go to the blog and look at the updated futures chart from this A.M it looks like it is coming to fruition The right shoulder has formed, and the break of the neckline has occured. I would like to see more of a break out. If we get above that greenline we should cruise up, however that redline in the Futures chart will be some decent resistance. So we could in fact be in a range bound video just like I stated in the video.=). So you can see how we here at askchrishetrades, are just about accurate using are key channel analysis. Sign up to the videos on youtube and you can be ahead of the game as well. Thanks.

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[EKrysto]

great stuff. keep up the good work. caught the SRS calls for 40%. thanks!

[exaltedangel09]

Loving the video.

thanks.