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Fails to Hold 100-DMA Cable managed.....>

CABLE TECHS
CABLE TECHS: Fails to Hold 100-DMA
Cable managed to close above the 100-dma Friday, shifting the focus to the
upside and the Sep 20 high at 1.3298 in the medium-term. However, Monday's
dismal price action keeps an eye on the downside, with the 100-dma failing to
support early doors. Bears need a break of cloud base support at 1.2910 to
change the short-term outlook, turning focus toward the Sep 5 low at 1.2786 and
ytd low at 1.2662.

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