A channel that only worked if two closes were ignored
David P. came to the winter studio with a weekly sheet he had already decided was a rising channel. The upper line looked parallel. It also passed through two closes he had lightly scribbled out, as if the pencil could vote them off the path. On the third evening Park Soyeon put a finger on each close and did not offer a replacement line. David erased the channel and kept the lower trend, which still had swings he could name. He later said the rest of his Sunday habit got shorter, because he stopped defending lines that needed missing data.
The studio did not give him a new market to follow. He went back to the same sheet he had brought on night one, with fewer marks and a margin note in his own handwriting: “two closes, channel retired.”