Bears Need Close Below $1.3300 *RES.....>

CABLE TECHS: Bears Need Close Below $1.3300

*RES 4: $1.3491 Hourly resistance May 18, High May 22 

*RES 3: $1.3445 Hourly resistance May 22 

*RES 2: $1.3399 55-WMA 

*RES 1: $1.3389 Low May 23

*PRICE: $1.3370 @ 0430GMT

*SUP 1: $1.3303 2018 Low May 23 

*SUP 2: $1.3300 Monthly Low Dec 15 

*SUP 3: $1.3297 Bollinger band base 

*SUP 4: $1.3219 Low Nov 28

*COMMENTARY: Bears are currently looking to gain traction below the 55-WMA with

a close below $1.3300 needed to confirm focus on $1.2995-1.3065 where the

100-WMA is noted. The Bollinger base is the key concern for bears with potential

to limit follow through. Bulls now need a close above the 55-WMA to gain

breathing room and above $1.3617 to hint at a move back to $1.3792-1.3898 where,

55 ($1.3871) & 100 ($1.3887) DMAs are noted.