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Topside Follow Through Lacking Today....>

CABLE TECHS
CABLE TECHS: Topside Follow Through Lacking Today
*RES 4: $1.4612 Low June 21 2016 now resistance 
*RES 3: $1.4349 Low June 20 2016 now resistance 
*RES 2: $1.4006 Low June 16 2016 now resistance 
*RES 1: $1.3836 2018 High Jan 17
*PRICE: $1.3785 @ 0530GMT
*SUP 1: $1.3739 Low Jan 16 
*SUP 2: $1.3700 Hourly resistance Jan 12 now support 
*SUP 3: $1.3643 Hourly resistance Jan 12a now support 
*SUP 4: $1.3585 High Jan 8 now support
*COMMENTARY: Fresh 2018 & 18mth highs continue but the lack of topside follow
through so far in Asia is less than ideal. The $1.3643-00 support region is key
today. Bears still need a close below $1.3700 to ease bullish pressure and below
$1.3643 to shift focus back to $1.3456-1.3531 where the bull channel base and
21-DMA are situated. While $1.3700 supports bulls now focus on $1.4006-1.4349
where the 200-WMA ($1.4409) is located.

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