Above $1.3314 To Target 55 DMA & WMA....>

CABLE TECHS: Above $1.3314 To Target 55 DMA & WMA

*RES 4: $1.3314 High June 22 

*RES 3: $1.3276 21-DMA 

*RES 2: $1.3255 Hourly resistance June 26 

*RES 1: $1.3213 High June 29

*PRICE: $1.3177 @ 0430GMT

*SUP 1: $1.3164 Hourly support June 29 

*SUP 2: $1.3121 High June 28 now support 

*SUP 3: $1.3093 Hourly support June 29 

*SUP 4: $1.3048 2018 Low June 28

*COMMENTARY: Fresh 2018 & 9mth lows lacked follow through with cable flirting

with the 100-WMA ($1.3073) before rallying Friday. The rally bought bulls

breathing room but a close above $1.3314 remains needed to shift initial focus

back to $1.3445-1.3528 where the 55-WMA ($1.3445) & 55-DMA ($1.3483) are noted.

The $1.3121 support is key today with bears needing a close below to return

pressure to $1.2995-1.3048. Below $1.2995 initially targets $1.2770 Aug lows.