Everything from the post before last is the same. The Channel will not be breached again. The Dow will likely make a new high above 32,000. Then on the way down it will stop just above 31,500. On Wednesday, March 17, 2021 it will gap below it.
There will never, ever be more than 19 candles in the channel between 31,300 and 31,499
Close On 10/16/1987: 2246.73
10/19/1987: Close 1738.41 Down 508.32 or 22.62 %
