(1,5228) The CABLE formed on Friday a negative day reversal but only a daily closing below 1,5140 will confirm lower levels. A break above 1,5241 confirmed by an hourly closing will favour an extension of the move up suggesting a retest of the 55 ma line at 1,5274 where we expect however good resistance. The weekly closing was positive forming a positive week reversal but the monthly one was negative forming even a negative month reversals!! The indicators of the daily chart are still negative but just below the line while those of the weekly and monthly charts are negative supporting lower levels. The indicators of the s/t charts mixed to positive supporting further possible strength. The move up should however be corrective, scenery supported also by potential negative reversals!! We wait for a further extension of this move up to sell. We start selling a 1,5270 overshooting!!
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