(1,5335) The CABLE formed a negative day reversal but only after a 1,5385 overshooting taking out our stop. Only a daily closing below 1,5330 will confirm a s/t top supporting lower levels. The indicators of the daily chart are however still well positive for now while those of the s/t ones are still showing a mixed picture. Yesterday it formed however bearish divergences supporting a positive tone. The decline toward 1,5320 could therefore be corrective. Possible therefore another test on the upside suggesting at least a retest of the 1,5440 area!! An hourly closing above 1,5370 will confirm a new positive reversal suggesting a s/t target at 1,5427!! We stay on the sideline; the s/t scenery is too mixed to take a new position even if the signals of the last few hours look positive!!
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