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CABLE TECHS: Bearish Trend Intact
Despite staging a modest recovery above 1.3100, Friday's weekly bearish reversal
keeps the recent downtrend intact. Failure to reclaim the 100-dma at 1.3152
allows bears to target the 1.30 area. The Sep 5 low is placed behind at 1.2786,
opening the ytd low at 1.2662. Bulls need a break back above 1.3200, before
targeting the 38.2% retracement of 2018 range at 1.3317.