Dislikedyup.
also cable is currently smack on the 38.2 fib (23rd Jan low - 5th Aug high).
Bunch of confluence, the very reason I mentioned to you I particularly like this setup, nothing much to lose. If these support levels go, then it'll really go, we'd be selling big as well as I reckon we're likely see cable at 5300 real quick.
Keyword is still IF tho, I should know, been calling for 5300 level retest since June last year only to find 57xx levels, which is where we are right now to be a real rock. This level had been well defended for over 6 months...Ignored
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The trend is not your friend, it's your master.
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Ah Luv the smell of a good prediction in the mornin!