Focus Once Again On The Upper 1%........>

CABLE TECHS: Focus Once Again On The Upper 1% Volatility Band

*RES 4: $1.3510 76.4% Fibo of $1.3659-$1.3027

*RES 3: $1.3483 1.618 swing of $1.3383-$1.3221

*RES 2: $1.3456 Sep 28 high

*RES 1: $1.3418/25 61.8% of $1.3659-$1.3027, 1% vol band

*PRICE: $1.3411 @0754GMT

*SUP 1: $1.3336 Hourly base Nov 28

*SUP 2: $1.3310 Nov 27 low

*SUP 3: $1.3279 Nov 24 low

*SUP 4: $1.3221 Nov 28 low

*COMMENTARY* Monday's push higher was contained at $1.3383, by the 1% volatility

band at the time. The subsequent fall to $1.3221, was swift and almost

completely corrected recent gains from the Nov 21-22 lows at $1.3210-$1.3213.

Fresh upside interest was then aroused and the move back above $1.3345 has swung

near term bias back to higher and indeed that 1% band again, which is at $1.3425

today. Above and $1.3483-$1.3510 is the next target area. Support now $1.3336.