(1,4887) The CABLE confirmed further weakness below 1,49 but missed yet to confirm our target at 1,4839, but probably it’s just a question of time. In the s/t we may have a small bottom suggesting a possible retest of the 1,50 level. The indicators of the daily chart are still well negative with bullish divergences confirming the negative tone; those of the s/t charts are instead mixed this morning suggesting some consolidation/ correction. Only an hourly closing above 1,4935 will support a little higher levels with the 200 hours line at 1,5042 the possible attraction. We favour a little higher levels and wait for this bounce to go short.
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