january 2011, page-118

gday earth,
speaking of the ST black fork, I look at it as a down trend channel. If price hits the top line and does not blast straight through, I back it to survive. If price reaches the middle line, goes through, then comes back to the middle line without blasting through, it is an 80% probability to go to the lower line.

With the up sloping green fork, price broke down through it, then the gap up on open back tested the breakdown with very little penetration. If it breaks the low, it is 80% to go to 5940, which is 1 channel lower