Break Below $1.3830 Opens Way To........>

CABLE TECHS: Break Below $1.3830 Opens Way To $1.3782-$1.3772 Next

*RES 4: $1.4000 Apr 26 high

*RES 3: $1.3935 Intraday high

*RES 2: $1.3895/03 Apr 26 low, hourly base Apr 26

*RES 1: $1.3850 Hourly resistance 

*PRICE: $1.3814 @0920GMT

*SUP 1: $1.3772/82 2% volatility band, Mar 8 low

*SUP 2: $1.3734 2018 bull channel base projection

*SUP 3: $1.3712 Mar 1 low

*SUP 4: $1.3688 Weekly rising support line from Mar 2017

*COMMENTARY* Failure again to move through $1.3997-$1.4007 on Thursday left the

downside vulnerable. The subsequent loss of $1.3918-$1.3890, has now seen the

next region of support from between $1.3869 and $1.3830 give way. Any lower and

will be looking to the Mar 8 low at $1.3882 and the 2% volatility band at

$1.3772 to protect the 2018 projected channel base at $1.3734. Resistance falls

to $1.3850-$1.3903, with the day's $1.3935 high above.