Simple's Green Room

[pennies2007]

For EJ, looking at the 1 hour chart, it's very close to the top I-reg channel.

The TDI indicator is also squeeze together at the top above the 50 level.

If I did anything on that one, I would consider a short between here and the 132 level at the highest.

Of course, during a strong move up, these things can pop above the channel. But the TDI is moving into a bearish configuration right now on the hourly.