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Lacking Follow Through Above 55-DMA.....>

CABLE TECHS
CABLE TECHS: Lacking Follow Through Above 55-DMA
*RES 4: $1.3343 Low Sept 28 now resistance 
*RES 3: $1.3320 High Nov 1 
*RES 2: $1.3259 High Nov 17 
*RES 1: $1.3242 55-DMA
*PRICE: $1.3202 @ 0530GMT
*SUP 1: $1.3170 Low Nov 17, 21-DMA 
*SUP 2: $1.3118 Weekly Bull Channel Base 
*SUP 3: $1.3060 Low Nov 13 
*SUP 4: $1.3024 Monthly Low Oct 6
*COMMENTARY: Cable remains confined to a broad $1.3024-1.3343 range. The
recovery from ahead of the range base is again struggling with the 55-DMA as a
lack of follow through on breaks persists. Bulls now need a close above $1.3259
to confirm a break of the 55-DMA and pressure the key $1.3343 level. Bears now
need a close below the 21-DMA to ease pressure on resistance layers.

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