dimanche 8 février 2009

Cable daily analysis


Ichimoku
The rates are just below the cloud, the 2 sen are below the cloud, but they are crossing to the upside.The Chinkou Span is above the price but under the cloud.
analysis are slighly bullish but telling u to wait better signals to enter long cable

The 2 EMA's are showing bear trend, but rates are on the EMA 50 @ 1.4785.
The MACD is showing a bullish divergence, while we are not so far to cross his neutral signal. The RSI is in the the selling area but on the way to cross the neutral signal, the ADX is crossing his neutral signal at 20 to showing a bull strenght trend.

If we handle the EMA 50, next step is the top of the chanel @1.4980.
if we break this chanel cable will go to 1.6390 in a couple of month.

Be long at 1.4860SL 1.4400 for a long term deal
for 1.6016, 1.6390, 1.6820.

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