Still looking at cable..looks to have found a short term top at 1.66, now in a retracement, possible one more move up once this is done...OR..we head straight down from here..
mirroring the equity markets....
the jury is still out on whether this is a "correction" of the rally from march lows...OR if the is the START of the next leg down...
Summer trading most people anticipate as "quiet"...maybe this one will be different..
dow charts...
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dow still above that down trend channel ...
trading below that will bring the bears back out of hibernation..at least for a move to 7800 maybe 7500
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