Buy signal at 16:59, filled at 2221, this was a decent entry with the market rallying steadily higher.  Since there was quite a sharp sell-off earlier on I opted to trail the stop up, using the middle Keltner Channel as a reference point (Difficult to see on the chart posted here).  Previously I've seen occasions where the market can rally quite a bit on very little volume after heavy selling has been exhausted.




Market rallied before taking out my trailed stop for a gain of 7.5 points.

I'm using Keltner channels on my charts right now, partly as an experiment since it seems to define trends quite well and for an entry point to get onboard a trend it looks quite useful.