(1,5460) The CABLE confirmed a very strong closing, well above the resistance of the inside day at 1,5310 and even above the 1,5415 key level suggesting further strength toward the 200 days line at 1,5762. The indicators of the daily chart are well positive now but already showing potential negative reversals. The indicators of the s/t ones are also still well positive, however a little overbought, especially in the hourly chart. Bearish divergences confirm however a positive tone. Before moving higher we favour a correction but only an hourly closing below 1,5425 will support lower levels suggesting a retest of the 1,5380 if not even 1,5330 area form we expect another test on the upside!! We stay on the sideline for now while waiting for the extension of the correction to sell again!!
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