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Below $1.3739 To Shift Focus Lower......>

CABLE TECHS
CABLE TECHS: Below $1.3739 To Shift Focus Lower
*RES 4: $1.4612 Low June 21 2016 now resistance 
*RES 3: $1.4349 Low June 20 2016 now resistance 
*RES 2: $1.4006 Low June 16 2016 now resistance 
*RES 1: $1.3942 2018 Highs Jan 17
*PRICE: $1.3914 @ 0530GMT
*SUP 1: $1.3885 Hourly support Jan 18 
*SUP 2: $1.3848 Hourly resistance Jan 18 now support 
*SUP 3: $1.3803 Low Jan 18 
*SUP 4: $1.3739 Low Jan 16
*COMMENTARY: Bulls take comfort as the pair recovers from the dip with pressure
back on 2018 highs. Bulls continue to look for a close above $1.4006 to
initially target $1.4349-1.4410 where the 200-WMA is noted. O.B daily studies
remain a key concern for bulls. Layers of support are building with bears now
needing a close below $1.3848 to gain breathing room and below $1.3739 to shift
initial focus to $1.3583-1.3643 where the 21-DMA is located.

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