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The December top was drawn in April

Short
Contrats à terme NASDAQ 100 E-MINI (CME_MINI:NQ1!)  
trad3zz  
CME_MINI:NQ1!   Contrats à terme NASDAQ 100 E-MINI
Trend Lines Support and Resistance Parallel Channel nasdaq100 nasdaq short parallelchannels
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trendline supportandresistance parallelchannel nasdaq100 nasdaq short parallelchannels
In retrospective the exit zone above 12,230 was a strong spot to sell. We can see on this chart that the December top was the same parallel channel drawn down from April. I don't see this channel continuing forward, however I do see us entering under 11,000 shortly.
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