(1,6230) The CABLE still managed to confirm a positive closing last night but well off the highs of the session and however below 1,63 and therefore the key level 1,6310!! Only a daily closing above 1,6310 will support further strength suggesting a possible target in the daily chart at 1,6582!! A closing tonight below 1,6225 will instead support lower levels, move that we expect however to be corrective. The indicators of the daily chart are however still well positive but those of the s/t ones turned all below the line supporting further consolidation/ correction with the 200 hours line at 1,6180 the possible attraction, before the support line at 1,6100. We believe this decline should be corrective but prefer waiting for further confirmations before trying a long position and however only close to the support line at 1,6100!! We stay on the sideline.
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