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Support Gives Way Cable broke below.....>

CABLE TECHS
CABLE TECHS: Support Gives Way
Cable broke below both its up trendline support from the August lows and its
50-dma yesterday to shift the outlook squarely negative and target the Oct 4
lows at 1.2922. In terms of longer-term support, the 61.8% retracement from 2016
lows to 2018 highs is at 1.2810 with the 2018 lows at 1.2662. Bulls need to
recover the 100-dma at 1.3083 to improve the near-term outlook and close back
above 1.32 to regain momentum, before targeting the Sep 20 high at 1.3298.

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