Pullback Initially Corrects Gains.......>

CABLE TECHS: Pullback Initially Corrects Gains From $1.3050

*RES 4: $1.3322 8 month bull channel top projection

*RES 3: $1.3253/69 Equality rise from $1.2812, Aug 3 high

*RES 2: $1.3238 Aug 3 hourly recovery high

*RES 1: $1.3175/90 Hourly resistance

*PRICE: $1.3146 @0905GMT

*SUP 1: $1.3112 Aug 3 low

*SUP 2: $1.3097 Jul 31 low

*SUP 3: $1.3050/65 Jul 27 low, 7 week rising support line

*SUP 4: $1.3015 76.4% Fibo of $1.2933-$1.3268

*COMMENTARY* A high of $1.3269, just above the top of the anticipated

$1.3245-$1.3253 resistance zone. The subsequent fall looks to initially correct

gains seen from the Jul 27 low at $1.3050. Support from around the $1.3130-35

area has given way, with the Jul 31 low at $1.3097 a potentially stronger level

below. This protects against a further $1.3065-$1.3050 fall. Nearest resistance

of note from $1.3175-$1.3190 and then $1.3238.