Technical analysis of Major Markets, F/X, and anything that can be traded This is my diary for trading Views expressed in this are only for educational purposes. They ARE NOT recommendations to BUY or SELL anything!! ALL comments and criticisms welcome.
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Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.
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Wednesday, June 17, 2009
cable...
To my untrained eye.. this looks like previous charts ..if right this could see cable test the lows again..and possibly lower
LONG TERM...
http://iberianviews.blogspot.com/2009/06/daily-and-monthly-view.html
so caution is warranted if long ..and sell any strength shorter term...
cable also strongly correlated with crude oil..and crude oil correlated with equity indices
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