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Overbought Conditions See Key...........>

CABLE TECHS
CABLE TECHS: Overbought Conditions See Key $1.3190-$1.3161 As Support
*RES 4: $1.3360 2017 bull channel top projection, 2% vol band
*RES 3: $1.3329 Intraday high
*RES 2: $1.3290 Intraday hourly recovery high
*RES 1: $1.3255/65 Hourly resistance
*PRICE: $1.3212 @1538GMT
*SUP 1: $1.3190/00 Hourly base Sep 12, hourly support
*SUP 2: $1.3161 Sep 12 low
*SUP 3: $1.3147 38.2% Fibo of $1.2852-$1.3329
*SUP 4: $1.3091 50% Fibo of $1.2852-$1.3329
*COMMENTARY* Rally through recent $1.3224 highs has now exceeded the year's
former $1.3269 high. A peak so far of $1.3329, as we make our way towards the
upper 2% volatility band and the 2017 bull channel projection top at $1.3360.
Some near term heavily overbought conditions are since being rectified and eyes
are now on $1.3200-$1.3190 support. Loss here would damage recent upside upside
momentum and heap pressure back on $1.3161. Resistance between $1.3255-$1.3290.

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