(1,5708) The CABLE is still well bid especially after having confirmed a daily closing above the 200 days line, now s/t support at 1,5700. While above this level we expect further strength suggesting even a 1,58 overshooting that we are going to sell increasing our already shorts!! The indicators of the daily chart are still well positive but now overbought and showing potential negative reversals. The indicators of the s/t charts are instead showing a mixed picture this morning. While above 1,5695 on an hourly closing we favour further strength!! We stay on the sideline and short.
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