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Not Coping Well Under Pressure Those....>

CABLE TECHS
CABLE TECHS: Not Coping Well Under Pressure
Those buying into the recent recovery will be disappointed by the pair's failure
to hold 1.29, evident in the rapid decline from 1.2910 to 1.2812 with little
pause Thursday. This shifts the near-term picture to neutral with the Jul 19 low
of 1.2958 key for bulls. Bears need to break back below 1.2750 to return focus
to the downside and challenge the Aug 15 low of 1.2662.

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