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CABLE TECHS: Bulls Need Close Above $1.3224
*RES 4: $1.3343 Low Sept 28 now resistance
*RES 3: $1.3297 Hourly resistance Oct 2
*RES 2: $1.3224 Low Oct 3 now resistance
*RES 1: $1.3183 High Oct 9
*PRICE: $1.3154 @ 0430GMT
*SUP 1: $1.3124 Hourly resistance Oct 9 now support
*SUP 2: $1.3074 Hourly support Oct 9
*SUP 3: $1.3042 Bollinger band base
*SUP 4: $1.3025 Low Oct 6
*COMMENTARY: The new week sees the 100-DMA supporting and bulls looking for a
close above $1.3224 to distance themselves from the 55-DMA ($1.3133) and shift
focus back to the 21-DMA ($1.3353). Daily studies correcting from O/S add
support to the case for a correction back to $1.3343-53. Initial support is
noted at $1.3124 with bears needing a close below to confirm a break below the
55-DMA, easing bullish pressure and returning focus to $1.2995-1.3018.