(1,5354) The CABLE confirmed a positive closing while remaining interior the range of the previous session forming a new inside day with 1,5400 – 1,5260 now the levels to follow in the coming hours. A break of the resistance will support further strength suggesting a possible overshooting even toward 1,56!! The indicators of the daily chart are still well positive and this morning also those of the s/t ones are above the line or very close to turn positive supporting further strength. While above the 200 hours line at 1,5325 we have to expect further strength. In the hourly chart we have however also a potential S_H_S formation with the neck line at 1,5280; a break below this level will postpone further strength causing a drop toward the support line at 1,5135!! We follow the inside day for now while waiting for stronger signals!!
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