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Capped Ahead Of Key Resistance *RES.....>

CABLE TECHS
CABLE TECHS: Capped Ahead Of Key Resistance
*RES 4: $1.3224 21-DMA 
*RES 3: $1.3191 Hourly resistance Oct 24 
*RES 2: $1.3158 Low Oct 23 now resistance 
*RES 1: $1.3140 Hourly resistance Oct 24
*PRICE: $1.3133 @ 0430GMT
*SUP 1: $1.3113 Low Oct 23 
*SUP 2: $1.3088 Low Oct 20 
*SUP 3: $1.3052 100-DMA 
*SUP 4: $1.2995 High Sept 1 now support
*COMMENTARY: Yet another topside failure around $1.3228 has left the pair
looking heavy with focus reconfirmed on the $1.2995-1.3088 support region. Bears
continue to look for a close below $1.2995 to shift focus back to the 200-DMA
($1.2830). Daily studies remain well placed for a fresh leg lower. Bulls now
need a close above $1.3160 to gain breathing room and above $1.3228 to shift
immediate focus to $1.3343

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