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Reclaiming The 1.30 Level Yesterday's...>

CABLE TECHS: Reclaiming The 1.30 Level
Yesterday's rally above 1.30 has returned the short-term outlook to neutral with
bulls now looking to overcome the 100-dma at 1.3110. Above here targets the Sep
20 high at 1.3298 for confirmation of the broader-based recovery. Bears need a
break of cloud base support at 1.2910 to resume the recent downtrend, turning
focus toward the Sep 5 low at 1.2786 and ytd low at 1.2662.

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