DislikedCable analysis: from start 2018 1.4 went down 6 months to 1.3 then stayed at 1.3 for 18 months to complete a 2-year move. Now that move must repeat. Namely 18 months at 1.3 then 6 months down to 1.2. We already did 9 months at 1.3 which completed end of Q3 (coming up a handful of pips short.) So now 9 more months at 1.3 namely to mid 2021. So far all of the 1.3 flats have been the down then up variety. And it seems this one will be too. And they are perfectly symmetrical. Namely the bottom is 4.5 months. So cable is down til mid Q1. Look at your...Ignored
what is more interesting is that the upcylcle ends election day not that i pay any attention to news ... but the chart from last week is playing nicely, be mostly the flat zone this week before the big lurch up ... so will add to longs as needed
twitter: @gettoefl
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