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Set To Resume Downtrend The.............>

CABLE TECHS
CABLE TECHS: Set To Resume Downtrend
The corrective rebound has remained extremely limited, highlighting the extent
of downward momentum. Indeed, the initial resistance at the 1.2754 level has
contained the recovery attempt. Bears still look to target the June 21 2017 low
at 1.2589, below here opens the Apr 10 2017 low at 1.2351. Bulls really need to
overcome Tuesday's spike high of 1.2827 to give credence to a bullish reversal.

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