$1.3197-$1.3152 Potential After.........>

CABLE TECHS: $1.3197-$1.3152 Potential After Seeing Fresh Lows

*RES 4: $1.3307 Jun 13 low, now resistance

*RES 3: $1.3299 Jun 15 high

*RES 2: $1.3273 Intraday high

*RES 1: $1.3245/55 Hourly resistance

*PRICE: $1.3210 @0817GMT

*SUP 1: $1.3187/97 Hourly support, 1.618 swing $1.3226-$1.3273

*SUP 2: $1.3152/57 76.4% $1.2774-$1.4377,swing $1.3211-$1.3299

*SUP 3: $1.3107 50% Fibo of $1.1838-$1.4377

*SUP 4: $1.3090 2% volatility band

*COMMENTARY* Last Thursday's recovery to $1.3447 was unable to remove the threat

of the Jun 7 'Doji' bearish candle close. As a result, we saw a sharp fall back

toward the May 29 low at $1.3204. The interim recovery has been unable to better

$1.3299 and then $1.3273, leaving the downside once again vulnerable. Today's

loss of $1.3204 has $1.3197-$1.3187 as protection to a deeper $1.3157-$1.3152

fall. Resistance from $1.3245-55 stands in the way of any near term bounce.