Decline Holding Above Key Fibo..........>

CABLE TECHS: Decline Holding Above Key Fibo Support Level At $1.2749

*RES 4: $1.2939 Aug 11 low, now resistance

*RES 3: $1.2917/18 Aug 21, Aug 18 highs

*RES 2: $1.2885 Hourly high/low Aug 22

*RES 1: $1.2838/45 Aug 24 high, hourly resistance

*PRICE: $1.2810 @0816GMT

*SUP 1: $1.2764/74 38.2% of $1.1947-$1.3269, Aug 23 low

*SUP 2: $1.2731/49 1% vol band, 76.4% of $1.2589-$1.3269

*SUP 3: $1.2702 Equality fall from $1.3032 to $1.3269-$1.2939

*SUP 4: $1.2602 2% volatility band

*COMMENTARY* The loss of $1.2812 support on Wednesday should allow a deeper

$1.2766-$1.2749 fall next. As a result, nearest resistance falls again to

$1.2838-$1.2885 but still need to recover $1.2918-$1.2939 before the near term

impetus for a better $1.2991-$1.3032 recovery will appear. Below 1.2749 and the

1% volatility band at $1.2731 and the equality fall target at $1.2702 are the

brakes to a $1.2622-$1.2602 decline.