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There is a confluence of supports here at this moment for the Cable. Besides a throwback to the previous resistance trendline, there is an addition of 55ma on the 4-hour chart as well as monthly and weekly pivot M2. If the 1.9600 to 2.0024 move were to qualify as a bullish wave1, the current down (potential wave2) [...]

Posted on April 22nd, 2008 by Soh Tiong Hum
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Weekly pivot of 99.60 may be an interesting level to watch as the 50-ma for the 15 min, 60 min and 240 min charts are now congested at around this region as well.

Posted on March 31st, 2008 by Soh Tiong Hum
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