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Holding Gains Above 1.31 Cable is.......>

CABLE TECHS
CABLE TECHS: Holding Gains Above 1.31
Cable is looking to break above down trendline resistance from the June highs
and a close below 1.32 would confirm such a move, triggering a double bottom
formation targeting a run at the Sep 20 high at 1.3298 in the first instance.
Bears need a close below 1.30 to swing momentum back to the downside, returning
focus to the 1.28 level & ytd lows at 1.2662.

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