(1,5524) The CABLE failed to extend further its move up closing below the previous one. The indicators of the daily chart are still well positive but still close to the overbought area and however showing potential negative reversals. The indicators of the s/t charts turned instead below the line supporting further consolidation/ correction. Only an hourly closing below 1,5495 will however support a deeper correction with the 200 hours line at 1,5441 the first attraction. We are still waiting for higher levels to sell, but only close to the 200 days line!
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