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$1.2995 & $1.3314 Levels Remain Key *...>

CABLE TECHS
CABLE TECHS: $1.2995 & $1.3314 Levels Remain Key
* The rally from a dip below the 100-WMA ($1.3073) bought bulls breathing room
last Friday with the recovery seeing a pop above the 21-DMA ($1.3241) lack
follow through. 
* A close above $1.3314 remains needed to shift initial focus back to
$1.3415-1.3528 where the 55-WMA ($1.3445) & 55-DMA ($1.3415) are noted.
* Bears dominate while $1.3314 caps and continue to look for a close below to
$1.2995 initially target $1.2770 Aug lows.

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