I would not get to happy on this rally today like the media is hyping up. As you can see we have broken outside of this upward channel, and we back tested it today underneath the bottom channel. The fact that we had no follow through today shows that there is no confirmation on the break. We need another down day or some consolidation that looks weak to break lower. In any case if we get back inside the channel I will turn neutral to bullish again. At the moment I am neutral to bearish and just playing the tape action. Follow my Twitter: askchrishetrade, so you can receive good calls like my MON trade today. Thanks
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