(1,6140) The CABLE formed a negative day reversal on Friday but only a daily closing below 1,6089 will cause the formation of a s/t top. The weekly closing was positive. The indicators of the daily chart are still below the line but those of the weekly one remain in positive territory for now. The indicators of the s/t charts are mixed this morning suggesting some consolidation/ correction. Only an hourly closing above 1,6180 will however support higher levels suggesting the expect 1,62 overshooting! We stay on the sideline.
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