Bullish Key Day Reversal *RES 4:........>

CABLE TECHS: Bullish Key Day Reversal

*RES 4: $1.3414 Hourly support June 14 now resistance 

*RES 3: $1.3350 Hourly resistance June 14 

*RES 2: $1.3310 21-DMA 

*RES 1: $1.3297 High June 15

*PRICE: $1.3256 @ 0220GMT

*SUP 1: $1.3227 Hourly resistance June 21 now support 

*SUP 2: $1.3124 Alternating hourly support/resistance 

*SUP 3: $1.3099 2018 Low June 21 

*SUP 4: $1.3072 100-WMA

*COMMENTARY: Despite fresh 2018 & 8mth lows the lack of follow through resulted

in a bullish key day reversal. Bulls take comfort in support emerging ahead of

the 100-WMA and key $1.2995-1.3072 support region. Bulls now look for a close

above the 21-DMA to shift initial focus back to $1.3446-1.3528. Bears now need a

close below $1.3227 to gain breathing room and below $1.2995 to initially target

$1.2770 Aug lows. Correcting O/S studies are a concern for bears.