$1.2995 & $1.3340 Levels Key *RES 4:....>

CABLE TECHS: $1.2995 & $1.3340 Levels Key

*RES 4: $1.3300 Bollinger band top 

*RES 3: $1.3279 High Oct 26 

*RES 2: $1.3240 Hourly resistance Oct 26b 

*RES 1: $1.3214 High Oct 30

*PRICE: $1.3196 @ 0530GMT

*SUP 1: $1.3166 Hourly support Oct 30 

*SUP 2: $1.3150 Hourly support Oct 30 now support 

*SUP 3: $1.3120 Hourly support Oct 30 

*SUP 4: $1.3100 Hourly support Oct 27

*COMMENTARY: Cable currently trades sideways in a broad $1.3024-1.3340 range.

Having failed to trouble the $1.2995-1.3024 support and bouncing from ahead of

the 100-DMA ($1.3070) there is an increased risk of a retest of the

$1.3279-1.3340 region. Bulls look for a close above $1.3340 to end bearish hopes

and initially target $1.3461-1.3514. Bears need a close below $1.2995 to shift

overall focus to the 200-DMA ($1.2845).