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Key $1.3450 Support Back Under..........>

CABLE TECHS
CABLE TECHS: Key $1.3450 Support Back Under Pressure Today
*RES 4: $1.3617/19 Sep 15, Sep 18 highs
*RES 3: $1.3596/01 Sep 22 high, 4 year falling res line
*RES 2: $1.3571 Intraday high
*RES 1: $1.3530/35 Hourly resistance
*PRICE: $1.3453 @1600GMT
*SUP 1: $1.3450/52 Sep 22, Sep 20 lows
*SUP 2: $1.3406 Sep 14 high, now support
*SUP 3: $1.3344 Hourly basing area Sep 14
*SUP 4: $1.3320/21 1% volatility band, 38.2% $1.2774-$1.3659
*COMMENTARY*  The key near term support above $1.3450 received another test last
Friday. This area again under pressure today and seen as protecting against
anything more untoward at present and specifically a deeper correction of gains
from the Aug 24 low at $1.2774. Below and look to $1.3406 next, $1.3344-$1.3321
the next targets below. In the interim, rallies are now faced with initial
resistance from $1.3530-$1.3571. 

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