(1,5604) The CABLE formed a negative day reversal after a 1,5660 overshooting. A daily closing below 1,5570 will confirm a s/t top suggesting a return toward the 200 days line at 1,5496! The indicators of the daily chart are however still well positive while those of the s/t ones turned mixed supporting some consolidation/ correction. Only an hourly closing below 1.5570 will postpone further strength favouring a test of the 200 hours line at 1,5550 with even a possible direct extension toward the support line at 1,5520! We suggest waiting for lower levels to buy with a lot of attention however because the negative reversals we have in the hourly chart are still in place!!
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Future Trend
