News broke trend out of channel but likely to go back?

22. Okt. 2023

Looking at the Daily candles for the past year, there a clear channel trending upward.
The performance of most companies and job provisions has been better than expected also.
I believe that the channel was only temporarily broken due to news so it might not last long.
Therefore, the momentum should head back into the channel fairly strongly as soon as fear momentum calms (as long as things do not gravely escalate; which they shouldn't)