$1.3363-$1.3321 Next Targeted Area As...>

CABLE TECHS: $1.3363-$1.3321 Next Targeted Area As Correction Continues

*RES 4: $1.3545/50 Congestion area Sep 22-25

*RES 3: $1.3515 Sep 26 high

*RES 2: $1.3464 Hourly recovery high Sep 26

*RES 1: $1.3430/35 Hourly resistance

*PRICE: $1.3401 @1519GMT

*SUP 1: $1.3354/63 1% vol band, 1.618 swing $1.3452-$1.3596

*SUP 2: $1.3321 38.2% Fibo of $1.2774-$1.3659

*SUP 3: $1.3269/72 Aug 3 high, 76.4% of $1.3153-$1.3659

*SUP 4: $1.3216/20 50% Fibo of $1.2774-$1.3659, 2% vol band

*COMMENTARY*  The key 1.3450 support level gave way earlier in the week and

continued the correction of recent gains from the Sep 14 low at $1.3153. Having

subsequently lost $1.3406 support, the next targeted area is now from between

the swing target at $1.3363 and the 38.2% Fibo retrace level at $1.3321. These

currently protect against a deeper $1.3272-$1.3269 fall. Meanwhile, resistance

$1.3425-$1.3464, back above the latter needed for respite.