200-WMA Capping, Supported Ahead Of.....>

CABLE TECHS: 200-WMA Capping, Supported Ahead Of 55-DMA

*RES 4: $1.4257 200-WMA 

*RES 3: $1.4200 High Mar 28 

*RES 2: $1.4127 Hourly support Mar 28 now resistance 

*RES 1: $1.4096 High Mar 29

*PRICE: $1.4073 @ 0430GMT

*SUP 1: $1.3995 55-DMA 

*SUP 2: $1.3984 Low Mar 20 

*SUP 3: $1.3873 Low Mar 13 

*SUP 4: $1.3753 100-DMA

*COMMENTARY: Hesitation ahead of the 200-WMA resulted in a correction back

towards the 55-DMA. Bears need a close below $1.3984 to confirm a break of the

55-DMA & add weight to the case for a correction back to $1.3873 with below

targeting $1.3710-54. Bulls still need a close above $1.4127 to gain breathing

room and above $1.4200 to return focus to $1.4257-1.4349 where the 200-WMA &

2018 high are located.