- Orange channel is there since 1998. - Purple channel is where we are surfing since Oct 2021. As long as we are above 5075, we are at the upper half of this channel, which is bullish. - April 21 or 24 is an important date, where we have overlapping channels, one is descending and the other is ascending. If we are above 5155 on Apr 24, i will be short term extremely bullish until the elections.