(1,5080) The CABLE confirmed still a negative closing despite the rebound above 1,52. We have therefore to expect further weakness toward the s/t target at 1,4955, scenery that only a move above 1,5220 will be able to postpone favouring a higher retracement. The indicators of the daily chart are still well negative and oversold while those of the s/t ones are mixed this morning suggesting further consolidation. An hourly closing below 1,5070 will however support further weakness suggesting the expected 1,50 undershooting!! We suggest remaining short putting however a stop already at 1,5225 just in case. An hourly closing below 1,5070 will allow us to narrow the stop to 1,5155!!
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