(1,5858) The CABLE confirmed another very weak closing last night plunging even below the 200 days channel. The closing managed to remain above the key level at 1,5828, however after a test below of it; if the CABLE should confirm a break of that level it will confirm a double top formation suggesting further weakness toward 1,53!! The indicators of the daily chart are still well negative while those of the s/t ones are mixed suggesting some consolidation/ correction. Possible rebounds should find resistance at 1,5900 before the resistance line at 1,5940 while the 200 hours line is found only at 1,6016!! We stay on the sideline waiting for stronger signals.
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