ABC has been riding the channel down. It appears RSI showing constructive positioning, MACD crossing although below o, histogram appears to be heading in the right direction for a possible channel breakout to the upside. Open window could provide price level target
Comment:
Reversion to the mean. Note how the underlining instrument's price level trades above and below the longer trend. The current steepen of the yield curve has been painful for some instruments while benefiting others.
