Commentary: An argument can be made that Cable is forming a fairly significant bottom. We showed the daily chart yesterday with the long term channel support and that the pair had bounced off of this level on 12/6. With now waves 1 and 2 potentially complete of a new 5 wave bull cycle, a bullish bias is warranted against 2.0180.
Strategy: Bullish, against 2.0180, target TBD
