(1,5699) The CABLE confirmed a positive closing after a test of the 1,5750 area where it found good resistance of now. However, while above the 200 days line at 1,5696 on a daily closing we could still see an overshooting of the 1,5800 level!! The indicators of the daily chart are still well positive but now overbought and showing potential negative reversals; those of the s/t charts are instead again negative this morning suggesting a possible correction. Only an hourly closing below 1,5680 will however favour a little lower levels with the 200 hours line at 1,5627 the possible attraction.
We stay on the sideline while short and confident.
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