(1,5995) The CABLE confirmed again a negative closing while however still confirming further consolidation interior the inside day with 1,6175 – 1,5890 still the levels to follow. Only a daily closing above 1,6175 will support a possible extension toward 1,6350. The indicators of the daily chart are still well positive but those of the s/t ones are negative suggesting further consolidation/ consolidation. While below 1,6025 on an hourly closing we expect the CABLE to extend the decline suggesting an undershooting of yesterday’s low at 1,5955. We keep staying short putting now a stop at 1,6075. We buy a 1,59 undershooting!!
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