Monday's Rise Contained By The Upper....>

CABLE TECHS: Monday's Rise Contained By The Upper 1% Volatility Band

*RES 4: $1.3456 Sep 28 high

*RES 3: $1.3418 61.8% Fibo of $1.3659-$1.3027

*RES 2: $1.3383/95 Nov 27 high, 1% volatility band

*RES 1: $1.3350/58 Hourly resistance, intraday high

*PRICE: $1.3301 @1105GMT

*SUP 1: $1.3279/80 Nov 24 low, Nov 20 high

*SUP 2: $1.3245 Congestion area Nov 20-22

*SUP 3: $1.3213 Nov 22 low

*SUP 4: $1.3170 Nov 17 low

*COMMENTARY* Monday saw a further push higher but the rally was contained within

the $1.3374-$1.3384 resistance area. The latter the 1% volatility band, which

once again proved difficult to handle, this has moved to the slightly higher

$1.3395 level today. In the interim, the subsequent setback below $1.3300, now

has $1.3280-$1.3245 for support and these should catch any fall if recent upside

momentum is to be retained.