hmmmm hard to follow... a a b b b/c? we looking for the 1 2 3 4 uptrend now after an abcd pattern? or more down for c & d? Looks to me you identified the channel it is bouncing between hitting the line you drew up to 13082.19, but seems like it is still in an overall downtrend...that what you showing? Lows like 58XX.XX have people excited but I'm not sure the hype will last, profits to be taken but I need to see more before I say we are out of the channel and on uptrend. I've been trading in this channel for a while now. What say you? Thanks for the chart.