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Continues To Lose Ground, $1.3294.......>

CABLE TECHS: Continues To Lose Ground, $1.3294 Becomes Key Resistance
*RES 4: $1.3342 May 28 high
*RES 3: $1.3326 Intraday high 
*RES 2: $1.3294 May 25 low, now resistance
*RES 1: $1.3255/65 Hourly resistance
*PRICE: $1.3241 @0905GMT
*SUP 1: $1.3204/14 Intraday low, hourly support
*SUP 2: $1.3152 76.4% Fibo of $1.3027-$1.4377
*SUP 3: $1.3132 2% volatility band
*SUP 4: $1.3108 50% Fibo of $1.1838-$1.4377
*COMMENTARY* Heads lower again today, nearest support now located between
$1.3214-$1.3204. Any lower and the 76.4% Fibo retrace level at $1.3152 then
protects the lower 2% volatility band, at $1.3132 by time today. Resistance
currently from $1.3255-$1.3265, back above would assist but Friday's $1.3294 low
provides a tougher test higher. Failure below here will see pressure return,
$1.3108 the next Fibo support of note.

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