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100-DMA Key At The Close Cable..........>

CABLE TECHS
CABLE TECHS: 100-DMA Key At The Close
Cable extended its downtrend through the 100-dma at 1.3035 and will be key at
the close. Below here would see bears regain control targeting cloud base
support at 1.2980, ahead of the 50% retracement level at 1.2936. Bulls need to
recover 1.3210 to trigger a double-bottom formation, a level that also holds the
descending trendline off the Sep 20 high.

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