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Forms a base at 1.28 The corrective.....>

CABLE TECHS
CABLE TECHS: Forms a base at 1.28
The corrective pullback based ahead of 1.2800 with recoveries extending all the
way up the 1.2880 area. Bulls need to challenge the 1.2900 level to confirm a
bullish close. Above here, downtrend resistance comes in at 1.2915, ahead of the
Jul 19 low at 1.2958. Failure to hold 1.2800 would see downside momentum build
with bears targeting the 1.2750 level and Aug 15 low at 1.2662.

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