Pace Of Decline Slows Over The Last.....>

CABLE TECHS: Pace Of Decline Slows Over The Last Two Days

*RES 4: $1.3773 May 1 high

*RES 3: $1.3713 Apr 30 low, now resistance

*RES 2: $1.3667 May 2 high

*RES 1: $1.3610/30 Hourly resistance, May 3 high

*PRICE: $1.3572 @0815GMT

*SUP 1: $1.3538/41 May 3 low, equality fall from $1.4000

*SUP 2: $1.3509 1.618 swing of $1.3555-$1.3630

*SUP 3: $1.3490 2% volatility band

*SUP 4: $1.3458 Jan 11 low

*COMMENTARY* Lost a bit more ground on Thursday, dipping slightly below dual

support from the $1.3543-$1.3541 area. The slowed pace of the decline over the

last two days, has however allowed a move back within the lower 2% volatility

band, at $1.3490 by time today. Any lower than this and the next focus becomes

the Jan 11 low at $1.3458. Resistance $1.3610-$1.3630 but any recovery hopes

will benefit further by a move back above Wednesday's $1.3667 high.