RANGE RUN BO AND BACK AGAIN 5/16/12

BOT TRADING SYSTEM

TO understand the US market today, we need to look back to the Euro Zone range run and break out.  PA hit the long BOT at the open and ran for a BO5 before fading at the 7.5-8 point area,

A reversal signaled, and returned to the LB and a range run in the PM.  Essentially, back to where it started in the Euro Zone.

Bull channel early to a bear channel later...