Here we go again, another cable rally in danger of going pop. We’re presently back down at 1.3970 having this morning in Europe hit a 1.4069 session high. Sources report that there are very decent sell orders lying in wait up at 1.4100, and this won’t be helping cable sentiment any. The wobble in stocks is also obviously a negative. From a technical perspective, support now lying initially at 1.3940.