A price channel consists of two parallel trend-lines providing support (bottom) and resistance (top) lines that contain price fluctuations. Channels may be bullish (slanting upwards), bearish (slanting downwards), or neutral (horizontal).
Walt Breitinger, Paragon Investments, Inc.
DBA Breitinger & Sons, Commodity Futures Brokers
800.411.FUTURES (3888)
www.indianafutures.com
