Cable located support 3 pips below the cited target level before resuming the advance as anticipated. The pop above the main hourly count's confirmation point, supporting the bullish outlook. We are updating the main count on both daily and hourly charts with tight targets and confirmation points. Read More

The most recent advance from Tuesday's lows opens the door for the idea that a bottom is in place. We still want to see further evidence to suggest the bullish case. Keep in mind that today's alternate scenario does not provide the best fit, but we should keep our eyes open for the bearish possibility. Read More

Cable continued to score lower lows, confirming the alternate scenario. At this stage, any bounce should prove corrective, setting the stage for further decline. Read More

The most recent decline casts the doubt on the immediately bullish outlook. If that count is on the mark, the market needs to prove it and push higher from current levels. On the downside, a print below the main hourly count's invalidation point will lend credence to the "bearish" alternate count. Read More

Cable remains locked in a sideways consolidation, adding little to the overall outlook. At this stage, Cable remains vulnerable to lower lows, that is why we continue to update the alternate "bearish" count. A push above the main hourly count's confirmation point will support the bullish case. Read More

The post above the main hourly count's confirmation point is in line with the bullish outlook. We still want to see further impulsive advance to favor the bullish stance. We should keep in mind that the alternate hourly count does not provide the best fit. Read More

Cable continued to inch up, supporting the bullish outlook. We will continue to look for higher highs as long as the main count's invalidation point remains intact. Read More

Cable inched up in line with the idea that a bottom has been registered. We still want to see a push above the main hourly count's confirmation point to gain confidence in the bullish case. Read More

Cable followed the alternate scenario and the cited target was reached and exceeded. Whether a bottom is in place, remains to be seen. Read More

The most recent decline leaves the bullish outlook on thin ice. We will main the bullish outlook as long as the main count's invalidation point holds. Read More