I personally am not much of a swing trader but for those of you who enjoy intra day trading... here is an idea of what i personally think will happen or at least what it will look like. i want to see how price reacts around 113.00 for obvious reasons. price seems to face rejection here. how ever if it clears through and holds i would look to take it long to fill the channel. how ever if it fails and rejetcs and breaks the channel i would be using an ABC elliot corrective wave idea to map out my intra day setups. Happy Trading.