Stop-loss orders from 1.4505 have now been triggered 25 April

Bingo. Again.

I warned in my last post to beware a shallow retreat on cable having posted 1.4503 and after holding 1.4485 the stops at 1.4505 have been triggered for a quick run to 1.4520.

Good offers there and into 1.4530 are holding the rally so far and we're back to 1.4502.

Looks like someone was determined to hunt those stops and we now wait to see how far we retrace this time. Rinse and repeat for the moment.