(1,6001) The CABLE confirmed a weak closing below the support of the inside day at 1,6020 suggesting further weakness toward 200 days line, still found at 1,5909. The indicators of the daily chart are still well negative while those of the s/t ones turned already mixed suggesting some consolidation/ correction. Bullish divergences confirm the negative tone. Only an hourly closing above 1,6020 will postpone in the s/t further weakness favouring a rebound with however the 200 hours line, already at 1,6072, the possible attraction. We stay on the sideline waiting for stronger signals.
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