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CABLE TECHS: Bears Need Close Below $1.3450
*RES 4: $1.4006 Monthly Low Apr 6 2016 now resistance
*RES 3: $1.3616 2017 High Sept 15
*RES 2: $1.3573 Alternating hourly support/resistance
*RES 1: $1.3532 Hourly support Sept 18 now resistance
*PRICE: $1.3514 @ 0430GMT
*SUP 1: $1.3465 Low Sept 18
*SUP 2: $1.3450 Hourly resistance Sept 15 now support
*SUP 3: $1.3381 Low Sept 15
*SUP 4: $1.3344 Hourly support Sept 14
*COMMENTARY: Fresh 2017 and 15mth highs continued Monday, albeit marginally with
bullish focus now on $1.4006 Apr 2016 monthly highs. In saying that, the
correction lower Monday is less than ideal for bulls. Bears still need a close
below $1.3450 to confirm an easing of bullish pressure and below $1.3306 to
shift focus back to $1.3148 lows from last week. O/B studies and the Bollinger
top ($1.3568) remain concerns for bulls.