(1,5116) The CABLE formed a negative outside day around the previous inside day with 1,5200 – 1,5015 now the levels to follow in the coming hours. Only a daily closing above 1,52 will support further strength toward the resistance line at 1,5290. The indicators of the daily chart are still well positive while those of the s/t ones are still showing a mixed picture suggesting further consolidation/ correction. While above 1,5025 on an hourly closing we still favour a move toward if not even above the 1,52 level, scenery still supported by potential positive reversal in the hourly chart suggesting a possible target at 1,5204!! The CABLE is also showing a larger reversed S_H_S formation with the neck line at 1,5170. We suggest however waiting for a closing above 1,5190 as a confirmations!! Overall we favour a little higher CABLE, scenery supported also by new bearish divergences in the hourly hart!!
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Future Trend Research