26th Sep - Cable Bulls in the Ascendant
26 September 2013
WEEKLY CHART:
The market recovered strongly off the 76.4% retracement support. Price has now neared a falling resistance line at 1.6225 – a break through this would be the next bullish sign.
DAILY CHART:
The recovery remains strong, having recently violated the 76.4% level. There is currently little sign of bull fatigue and the 1.6380 Jan high is not far off now (but keep in mind resistance on the Weekly chart).
First support comes from the 1.5751 17-Jun high area.
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26th September - The S&P remains strong 
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26th Sep - Brent Crude Pulls Back to 38.2% Support