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Focus Returns To The Downside...........>

CABLE TECHS
CABLE TECHS: Focus Returns To The Downside
Yesterday's losses return the focus to the downside with bears looking to break
below the 1.28 level ahead of a potential return to the Oct 31 low at 1.2699 &
ytd low at 1.2662. Below here would strengthen the bigger picture bearish trend.
Bulls need to recover the 100-dma at 1.3030 to change the short-term outlook,
opening the Nov 7 high at 1.3175, ahead of the Sep highs at 1.3298. 

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