$1.3943 Caps Again And Attention........>

CABLE TECHS: $1.3943 Caps Again And Attention Switches To $1.3835

*RES 4: $1.4050 1.618 swing of $1.3659-$1.3027

*RES 3: $1.4025 13 month bull channel top projection

*RES 2: $1.3987 2% volatility band

*RES 1: $1.3943 Jan 18 high

*PRICE: $1.3848 @1643GMT

*SUP 1: $1.3835 Hourly support

*SUP 2: $1.3804 Jan 18 low

*SUP 3: $1.3757 Jan 17 low

*SUP 4: $1.3693 Hourly high Jan 12, now support

*COMMENTARY* Rally reached a high of $1.3943 on Wednesday, testing the upper 2%

volatility band, before retreating quickly. Settled so far at $1.3804, this and

$1.3757 remain important support and key to retaining recent upside momentum.

Meanwhile, earlier support on the day comes from $1.3835. Above $1.3943 and the

2% band has risen to $1.3987, ahead of bull channel and swing targets in the

higher $1.4025-$1.4050 region.