Pullback Looks To Initially Correct.....>

CABLE TECHS: Pullback Looks To Initially Correct Gains From $1.3050

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

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

*RES 2: $1.3238 Intraday hourly high

*RES 1: $1.3200/05 Hourly resistance

*PRICE: $1.3158 @1156GMT

*SUP 1: $1.3130/35 Hourly support

*SUP 2: $1.3097 Jul 31 low

*SUP 3: $1.3050 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 today, just above the top of the anticipated

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

correct gains seen from the Jul 27 low at $1.3050. Next support is anticipated

from around the $1.3130-35 area, with the Jul 31 low at $1.3097 a potentially

stronger level below. These once again protect that $1.3050 level where also the

7 week rising support line resides today. Resistance $1.3200-$1.3238.