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$1.3121 Support Key Today *RES 4:.......>

CABLE TECHS
CABLE TECHS: $1.3121 Support Key Today
*RES 4: $1.3303 21-DMA 
*RES 3: $1.3291 Hourly resistance Oct 17 
*RES 2: $1.3226 Alternating daily support/resistance 
*RES 1: $1.3203 Hourly support Oct 17 now resistance
*PRICE: $1.3187 @ 0930GMT
*SUP 1: $1.3155 Low Oct 17 
*SUP 2: $1.3142 55-DMA 
*SUP 3: $1.3121 Low Oct 12 
*SUP 4: $1.3040 100-DMA
*COMMENTARY: Topside failures ahead of the 21-DMA took their toll with a close
below $1.3226 that sees immediate focus back to $1.3121-42 where the 55-DMA is
located. Bears now need a close below $1.3121 to shift focus to $1.2995-1.3040.
Daily studies are well placed for a fresh leg lower having corrected to neutral
levels. Bulls now need a close above $1.3226 to gain breathing room and above
$1.3343 to confirm a break of the 21-DMA and initially target $1.3461.

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