Loses Dual Support From $1.3966,........>

CABLE TECHS: Loses Dual Support From $1.3966, Minor $1.3930 then $1.3890

*RES 4: $1.4099 Hourly recovery point Apr 19

*RES 3: $1.4088 Apr 20 high, base broken 9 week bull channel

*RES 2: $1.4031/36 Intraday high, lower 1% volatility band

*RES 1: $1.3995/09 Hourly resistance, intraday hourly high

*PRICE: $1.3944 @1655GMT

*SUP 1: $1.3930 Mar 6 high, now support

*SUP 2: $1.3889/90 2% volatility band, Mar 16 low

*SUP 3: $1.3869 76.4% Fibo of $1.3712-$1.4377

*SUP 4: $1.3782 Mar 8 low

*COMMENTARY* Successive daily falls since peaking at $1.4377 last week have seen

support from the 9 week bull channel and the lower 1% volatility band eroded,

these at $1.4088 and $1.4036 by time today. Downside risk will continue while

rallies are held below here. Today has seen dual support from $1.3966 give way,

lower and minor $1.3930 protects against a $1.3890-$1.3889 fall. Resistance

currently $1.3995 and then $1.4009.