By the middle of April, SPY had formed an upward trading channel (lines b and c).

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The daily chart shows a well-defined downward trading channel, lines a and b.

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The lower end of the channel also lines up with the 200-week Moving Average, which will be another crucial technical level.

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Chart Analysis : The daily chart of IWM shows a well-established trading channel (lines a and b) that goes back to the October lows.

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The chart shows a well defined trading channel (lines a and b) with the upper trend line currently at 9, 063, which is 7.6% above current levels.

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The long-term chart of the euro shows the steady slide from the 2011 high at 1.4925 and a well-defined downward trading channel (lines c and d) .

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And then stop reading between the lines trying to channel intent.

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On a windy point called Arnavutkoy, on the European side of the Bosphorus, clusters of weather-beaten fishermen hurled their fishing lines deep into the channel.

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Icstis is investigating how phone lines were operated on 15 separate shows, including Channel 4's Richard and Judy and BBC One's Saturday Kitchen.

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Netflix has just announced an on-demand video-streaming service offering full high-definition picture quality (so-called 1080p, which has 1, 080 lines in its picture) with 5.1-channel surround sound.

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