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100-DMA Taken Out Cable managed to......>

CABLE TECHS
CABLE TECHS: 100-DMA Taken Out
Cable managed to overcome its 100-dma on Friday which shifts the focus to the
upside to the Sep 20 high at 1.3298 for confirmation of the broader-based
recovery. A break above here would suggest a large bottoming pattern is playin
gout. Bears need a break of cloud base support at 1.2910 to change the
short-term outlook, turning focus toward the Sep 5 low at 1.2786 and ytd low at
1.2662.

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