100-DMA Support Key This Week *RES 4:...>

CABLE TECHS: 100-DMA Support Key This Week

*RES 4: $1.4280 Low Apr 17 now resistance 

*RES 3: $1.4245 High Apr 19 

*RES 2: $1.4159 Hourly support Apr 19 now resistance 

*RES 1: $1.4104 Alternating daily support/resistance

*PRICE: $1.4018 @ 0220GMT

*SUP 1: $1.3963 Low Apr 5 

*SUP 2: $1.3930 Bollinger band base 

*SUP 3: $1.3873 Low Mar 13 

*SUP 4: $1.3850 100-DMA

*COMMENTARY: Losses defined after the lack of topside follow through on 2018 &

nearly 2yr highs. Immediate focus is now on $1.3963 with a close below to

pressure $1.3850-73 where the 100-DMA & 21-WMA ($1.3854) are located. Below the

100-DMA then targets $1.3656-1.3710. Daily studies remain well placed for

losses. Bulls now need a close above $1.4104 to gain breathing room and above

$1.4280 to initially target 2018 highs.