(1,5672) The CABLE confirmed a test of the 1,57 level just below the 200 days line where it found good resistance for now. The closing was strong but it failed to confirm one above the resistance of the inside day at 1,5695 that has been tested!! The indicators of the daily chart are still well positive but now overbought and showing potential negative reversals. The indicators of the s/t charts have already turned mixed suggesting some consolidation/ correction. In the s/t only an hourly closing above 1,5705 will support further strength! We stay on the sideline and short.
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Future Trend
