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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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