(1,5655) The CABLE confirmed yesterday a 1,58 overshooting before plunging again lower making a new low and forming a new negative outside day with 1,5820 – 1,5620 the levels to follow in the coming hours. The indicators of the daily chart are still well negative and started forming bullish divergences suggesting a change of the tone. The indicators of the s/t charts are again negative supporting further weakness. Possible rebounds should find resistance at 1,5685 before the 200 hours line at 1,5755!! We missed to sell the 1,58 overshooting and wait now for another opportunity!!
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