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$1.3300-$1.3350 Provides Resistance.....>

CABLE TECHS
CABLE TECHS: $1.3300-$1.3350 Provides Resistance To Any Bounce 
*RES 4: $1.3452/56 Sep 20 low, Sep 28 high
*RES 3: $1.3380/90 Hourly congestion Sep 27, 29 & Oct 2
*RES 2: $1.3343/50 Sep 28, Sep 29 lows, now resistance
*RES 1: $1.3300/05 Hourly resistance
*PRICE: $1.3279 @0717GMT
*SUP 1: $1.3230 Intraday low
*SUP 2: $1.3216 50% Fibo of $1.2774-$1.3659
*SUP 3: $1.3157 2% volatility band
*SUP 4: $1.3112 61.8% Fibo of $1.2774-$1.3659
*COMMENTARY*  The further loss of the 38.2% Fibo retrace level at $1.3321 on
Monday has seen fresh downside pressure break below $1.3272-$1.3269 support. A
low of $1.3230 so far as we head towards the 50% Fibo retrace level at $1.3216.
This the protection against a deeper $1.3157-$1.3112 fall, as we give back some
of the gains from the Aug 24 base at $1.2774. Resistance from $1.3300-$1.3305
provides the first barrier, then $1.3343-$1.3350, to any recovery hopes.

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