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$1.3125 Resistance Key Today * The......>

CABLE TECHS
CABLE TECHS: $1.3125 Resistance Key Today
* The failure to trouble the 55-DMA ($1.3307) and the key $1.3662 resistance
resulted in a sharp sell-off Tuesday followed up by a break of the key $1.2995
support and fresh 2018 & 11mth lows continuing. 
* Bears now focus on $1.2587 June 2017 lows. 
* Layers of resistance are building and weighing. 
* Bulls need a close above $1.3125 to gain breathing room. 
* A close above the key $1.3362 resistance remains needed to confirm a break of
the 55-DMA and shift initial focus to $1.3446

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