Fresh Fall Has $1.2812-$1.2790 As.......>

CABLE TECHS: Fresh Fall Has $1.2812-$1.2790 As Next Support

*RES 4: $1.2991 Hourly recovery high Aug 14

*RES 3: $1.2939 Aug 11 low, now resistance

*RES 2: $1.2917/18 Aug 21, Aug 18 highs

*RES 1: $1.2880/90 Hourly resistance

*PRICE: $1.2834 @1555GMT

*SUP 1: $1.2811/12 Intraday, Jul 12 lows

*SUP 2: $1.2790 1% volatility band

*SUP 3: $1.2764 38.2% Fibo of $1.1947-$1.3269

*SUP 4: $1.2749 76.4% Fibo of $1.2589-$1.3269

*COMMENTARY* Finally some daylight below the 1.2840 area with the move down to

the next support around $1.2812 today. As a result, nearest resistance falls

slightly to $1.2880-90 but that said, still need to recover $1.2918-$1.2939

before the near term impetus for a better $1.2991-$1.3032 recovery will appear.

Below $1.2811-12 and the 1% volatility band at 1.2790 is then the protection

against a deeper $1.2764-$1.2749 fall.