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Outlook Turning Bullish Having closed...>

CABLE TECHS
CABLE TECHS: Outlook Turning Bullish
Having closed above its 50-dma yesterday, risk appetite continues to comfortably
hold above the 1.3000 level. Intraday charts are starting to generate a more
bullish outlook, targeting a move toward the 100-dma at 1.3204, ahead of the
July 9 high at 1.3363. Bears need to see a close back below 1.30 to suggest the
recent gains have marked a false break and shift the focus back to the 1.28
area.

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