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

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

*RES 4: $1.3383 Nov 27 high

*RES 3: $1.3345/50 Congestion highs Nov 24

*RES 2: $1.3310 Nov 27 low, now resistance

*RES 1: $1.3275/80 Hourly resistance

*PRICE: $1.3234 @1655GMT

*SUP 1: $1.3213 Nov 22 low

*SUP 2: $1.3170 Nov 17 low

*SUP 3: $1.3135 Nov 13 high, Nov 16 low

*SUP 4: $1.3120 1% volatility band

*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, has

also lost $1.3280-$1.3245 support and the break here damages recent upside

momentum and puts pressure back on $1.3213.