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BTP TECHS

(U1) Correction Still In Play

SNAPSHOT

Powell & Williams Stick To Script

GILT TECHS

(U1) Support Remains Intact

SCHATZ TECHS

(U1) Clears Support

SNAPSHOT

Equity Markets Gain

ASIA RATES

BoK To Reduce 2-Year MSB Issuance

CABLE TECHS
CABLE TECHS: $1.2929-$1.2920 Region Remains Unscathed So Far
*RES 4: $1.3145/50 Hourly congestion Aug 3-4
*RES 3: $1.3112 Aug 3 low, now resistance
*RES 2: $1.3059 Aug 7 high
*RES 1: $1.3029 Aug 9 high
*PRICE: $1.2992 @0958GMT
*SUP 1: $1.2951/53 Intraday, Aug 8 lows
*SUP 2: $1.2920/29 76.4% $1.2812-$1.3269, 50% $1.2589-$1.3269
*SUP 3: $1.2906 1.618 swing of $1.2953-$1.3029
*SUP 4: $1.2849 61.8% Fibo of $1.2589-$1.3269
*COMMENTARY* Resistance from $1.3059 and then $1.3029 this week, has seen
downside pressure resume. A low of $1.2951 so far, ahead of what looks a
stronger area between $1.2929-$1.2920. This a combination of two Fibo retrace
levels, the 50% of the rise from $1.2589 and perhaps slightly more importantly,
the 76.4% of the rise from $1.2812. Below here can allow an overshoot around
$1.2906 but any lower and $1.2849 comes into view.