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Double Bottom Forming The US midterm....>

CABLE TECHS
CABLE TECHS: Double Bottom Forming
The US midterm induced rally extended through 1.31, a close above here today
would confirm a large double bottom pattern. The buoyant tone spilled over into
Europe with bulls targeting the Oct 17 high at 1.3193. A break of the 1.32 level
opens the Oct 12 high at 1.3258. A close below 1.30 would swing momentum back to
the bears, returning focus to the 1.28 level & ytd lows at 1.2662.

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