(1,5408) The CABLE confirmed an important move up breaking above the previous top at 1,5608, hitting 1,5685 but missing to confirm this move up by a very strong closing. Of course it was anyhow strong but not above 1,5608!!! Still possible an extension toward the 200 days line at 1,5706 move that we believe to be corrective. The indicators of the daily chart are still well positive but now close to the overbought area and however showing potential negative reversals. Those of the s/t ones are also positive but well overbought. We have increased our position at the 1,56 overshooting bringing the average to 1,5435!! We expect a firm correction
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Future Trend
