Hi,
I had a good look at Cable for the coming week and i think since it has already touched 1.86xx it will be coming down hard on TUE and WED. However it is dependant on the news coming out of USA. Some major data is slated for next week.
All the technicals r are saying that it is a perfect opportunity to sell. But still at this point i wouldn't advise entry.
I have an open position so am stuck with it.
Neo
I had a good look at Cable for the coming week and i think since it has already touched 1.86xx it will be coming down hard on TUE and WED. However it is dependant on the news coming out of USA. Some major data is slated for next week.
All the technicals r are saying that it is a perfect opportunity to sell. But still at this point i wouldn't advise entry.
I have an open position so am stuck with it.
Neo