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The close above $1.3190 bought bulls....>

CABLE TECHS
CABLE TECHS: The close above $1.3190 bought bulls breathing room but the $1.3362
resistance remains key. A close above $1.3362 remains needed to confirm a break
of the 55-DMA and shift initial focus to the 55-WMA ($1.3460). The recovery from
ahead of the $1.3092 support is a concern for bears who are focused on
$1.2995-1.3048 where 2018 lows are noted. Bears now need a close below $1.3195
to ease pressure on resistance layers and below $1.2995 to target $1.2587 June
2017 lows.

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