$1.3157 Resistance Key *RES 4:..........>

CABLE TECHS: $1.3157 Resistance Key

*RES 4: $1.3445 Monthly High Sept 6 

*RES 3: $1.3278 High Sept 19 

*RES 2: $1.3194 Daily Bull channel top 

*RES 1: $1.3157 2017 High July 27

*PRICE: $1.3125 @ 0430GMT

*SUP 1: $1.3113 Hourly support July 28 

*SUP 2: $1.3052 Low July 27 

*SUP 3: $1.3030 Hourly support July 26 

*SUP 4: $1.3004 Low July 25

*COMMENTARY: The lack of follow through on fresh 2017 and 10mth highs is less

than ideal for bulls when combined with waning momentum and the Bollinger top

($1.3162) limiting follow through. Bulls need a close above $1.3157 to reconfirm

a bullish bias and shift focus to Sept monthly highs ($1.3445). The $1.3052

support remains key with bears needing a close below to shift focus back to

$1.2992-1.3004 where the 21-DMA is located.