$1.3461-$1.3483 Resistance Currently....>

CABLE TECHS: $1.3461-$1.3483 Resistance Currently Keeps Focus On Lower

*RES 4: $1.3550/65 Dec 1 high, projection target from $1.3062

*RES 3: $1.3505/10 Hourly congestion area Nov 30-Dec 4

*RES 2: $1.3483 Hourly high Dec 4

*RES 1: $1.3461/62 Recovery high and initial low Dec 5 

*PRICE: $1.3388 @0915GMT

*SUP 1: $1.3370/74 Dec 5 low, hourly support

*SUP 2: $1.3338/45 Oct 13 high, 1.618 swing $1.3419-$1.3539

*SUP 3: $1.3314 1.618 swing of $1.3370-$1.3461

*SUP 4: $1.3299 76.4% Fibo of $1.3221-$1.3550

*COMMENTARY* After another attempt to move higher on Monday, the rally faltering

at $1.3539, we have seen another fall, this time below $1.3414 and lately

challenging $1.3370-$1.3374 support. Below here and the $1.3345-$1.3314 area

becomes the next focus, as we continue to correct gains from the Nov 28 low at

$1.3221. In the meantime, initial resistance remains from between

$1.3461-$1.3483, with $1.3505-$1.3510 currently of more consequence higher.