whatever you do Nav dont enter in long cos am in long!!
only kiddin!!
only kiddin!!
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QuoteDislikedMy weekly analysis would suggest CABLE is headed further South (MACD X short (although a weak one), EMA's Short and potential short squeeze), but it certainly looks like a bounce off the neckline on your chart.
On the daily charts however it does look like the short rally has come to an end. With these mixed signals I'm going to stand aside (as are a couple of other wise posters!)
DislikedGood area to long as it is at the bottom of the trend line.
Should bounce back up and make a new high for tomorrow.Ignored
Dislikedwe still have US PPI
if that number comes in weak cable might pass 9730 area.
on the other hand a stronger than expected PPI might cause traders to run towards dollar because of possible rate hikes.
any comments are appreciated.Ignored
Dislikedthe yanks dont care about inflation anyway, there figs are complete waste of time, according to there CPI gasoline actually went down last month, when its at all time high at the pumps hmm...Ignored
DislikedIve droped out there ,would need a close above the TL to go back in or on a pull back PA set up.Ignored
Dislikedwe still have US PPI
if that number comes in weak cable might pass 9730 area.
on the other hand a stronger than expected PPI might cause traders to run towards dollar because of possible rate hikes.
any comments are appreciated.Ignored