Wednesday, November 21, 2007

Euro and Cable update

The euro is back at resistance, 1.4840. Because of what is setting up longer-term I would look to short again between 1.4850-1.4900 or better. We’ll probably get a few more chances at the trade so be ready to take action when it trades in this zone.

Roll stops up on the cable long from the 2.0550 area. Have a great Thanksgiving!

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