DislikedThe 260 area would be about a 38.2% retracement, which would then set up the next move???? Up or down???
Funny I got a t/p @ 0322.....long from 0310. Figure I grab some pips...Ignored
Umm, nice.
A: Cable being pushed up before US news release
B: Cable down as being sold by middle east big sharks
C: Cable hit low at .269 before bounce back to 320's area, pushed by MM
D: Cable probably visit back 320's - 340's area before to form another "A" pattern.
i guess it will be the same play today.http://img444.imageshack.us/img444/7002/cableal9.png
Its purely my market analysis, based on speculation (fundamental is dead!). Do not attempt to follow it.