Cable Daily.
I note some exuberance on the bullish side, good luck lads.
I note some exuberance on the bullish side, good luck lads.
- -Price has traded above the 200 sma, for at least an ok bullish break.
Some caution to the upside
- Price appears to be trading in a descending channel
- Notable overhead resistance is on the oblique descending line
- Another similar speed bump would seem present 1.3266xx
In most general terms, I would be cautious neither bull nor bear. (I have no position on cable).
Good luck, trade safe.
~J
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