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Rally Intact But 100-dma Key Cable.....>

CABLE TECHS
CABLE TECHS: Rally Intact But 100-dma Key 
Cable continues to head higher as bulls look to take out the 100-dma, currently
at 1.3164, to trigger fresh upside momentum. A break above here would open the
July 9 high at 1.3363 and suggest a medium-term bottom is in place. Bears need
to see a close back below the 50-dma at 1.2986 to suggest the recent gains have
marked a false break, but momentum is rapidly turning in favour of the bulls.

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