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

CABLE TECHS: Below $1.3739 To Shift Focus Lower

*RES 4: $1.4349 Low June 20 2016 now resistance 

*RES 3: $1.4006 Low June 16 2016 now resistance 

*RES 2: $1.3945 2018 Highs Jan 19 

*RES 1: $1.3900 Hourly resistance Jan 22

*PRICE: $1.3864 @ 0530GMT

*SUP 1: $1.3837 Low Jan 19 

*SUP 2: $1.3803 Low Jan 18 

*SUP 3: $1.3739 Low Jan 16 

*SUP 4: $1.3585 High Jan 8 now support

*COMMENTARY: Fresh 2018 & 18mth highs continue to lack follow through which is

less than ideal for bulls given daily studies looking to correct from O/B

levels. Bears now need a close below $1.3837 to gain breathing room and below

$1.3739 to shift initial focus to $1.3583-1.3643 where the 21-DMA is located.

Bulls continue to look for a close above $1.4006 to initially target

$1.4349-1.4410 where the 200-WMA is noted.