(1,5350) The CABLE confirmed another very weak closing on Friday missing however to confirm the break below the support line at 1,5355. The weekly closing was also weak!! The indicators of the daily chart are however still well positive but still showing potential negative reversals; those of the weekly one are instead negative supporting further weakness. The indicators of the s/t charts are also negative supporting lower levels with bullish divergences confirming a negative tone. While below 1,5390 on an hourly closing we expect further direct weakness suggesting a 1,53 undershooting!! We stay on the sideline waiting for a decent rebound to sell!!
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