(1,5507) The CABLE confirmed a session of consolidation forming a new inside day with 1,5565 – 1,5420 the levels to follow in the coming hours. A closing at the present level will be weak for the weekly chart but still strong in the monthly one!! The indicators of the daily chart are still in positive territory while those of the s/t charts are still showing a mixed picture suggesting further consolidation. Potential negative reversal are however supporting lower levels. Only an hourly closing above 1,5550 will support higher levels suggesting a 1,56 overshooting!! We wait for this possible but not sure 1,56 overshooting to sell!!
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