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BLOCK, Green June Call Fly

Bulls Losing Grip Cable closed back.....>

CABLE TECHS
CABLE TECHS: Bulls Losing Grip
Cable closed back below its 100-dma yesterday, returning focus to the downside
and the 50-dma at 1.2985. A break here targets the Sep 5 low at 1.2786, opening
a move toward the ytd low at 1.2662. Bulls need a close above the 100-dma to
regain control, targeting the 1.3200 level ahead of 1.3317 which represents the
38.2% retracement of the 2018 range.