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Cycle Lows Holding For Now Last.........>

CABLE TECHS
CABLE TECHS: Cycle Lows Holding For Now
Last Thursday's low of 1.2724 remains intact for now as does up trendline
support from the Aug lows at 1.2704. Bulls need to recover the 100-dma at 1.3016
to change the short-term outlook, opening the Nov 7 high at 1.3175, ahead of
down trendline resistance off the June high at 1.3198. On the downside, bears
look to break below the Nov 15 low to open the Oct 30 low at 1.2696 & ytd low at
1.2662. 

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