100 MA Tag

The rally in Cable over the last couple of Weeks has shown considerable strength and though I have mixed opinions from a fundamental perspective, it is more than possible we'll see trade-able pull back from current levels. Judging how deep that pull back will be is a little more tricky, so here are a few charts to help you find your own conclusion:

Whilst volumes are low this week I've taken a break from hunting out new swing trades and will be spending my time day trading Indices. Here follows my current trading map of the DOW: On  4 hourly I have a line at 12,322 Absolutely no idea why I've put this line there and no idea why I've only got it on the 4 hourly time frame. Whatever made me put it there in the first place (a long time ago) would have been a good