Bulls Now Need Close Above $1.3617......>

CABLE TECHS: Bulls Now Need Close Above $1.3617

*RES 4: $1.3792 High Apr 30 

*RES 3: $1.3711 Low Apr 30 now resistance 

*RES 2: $1.3666 High May 2 

*RES 1: $1.3617 High May 9

*PRICE: $1.3566 @ 0430GMT

*SUP 1: $1.3531 Hourly support May 11 

*SUP 2: $1.3456 2018 Low Jan 11 

*SUP 3: $1.3394 55-WMA 

*SUP 4: $1.3300 Monthly Low Dec 15

*COMMENTARY: Dips below the 200-DMA ($1.3551) continue but follow through

remains lacking with O/S daily studies correcting and momentum divergence seen

as key concerns for bears. Bulls need a close above $1.3617 to gain breathing

room and above $1.3711 to shift initial focus to $1.3799-1.3929 where 21

($1.3799), 55 ($1.3929) & 100 ($1.3891) DMAs are noted. Bears need a close below

$1.3456 to initially target $1.3300.