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Bears Target 1.30 Friday's close........>

CABLE TECHS
CABLE TECHS: Bears Target 1.30
Friday's close below the Sep 24 low puts bears firmly in charge, extending the
decline toward the 1.3000 area and suggesting a bearish reversal pattern is
forming. Downside focus turns to the 50-dma at 1.2983, a break here targets the
Sep 5 low at 1.2786, ahead of the ytd low at 1.2662. Bulls need to reclaim the
100-dma to change the short-term outlook, before targeting the 1.3200 level
ahead of 1.3317 which represents the 38.2% retracement of the 2018 range.

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