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Pulling Back After Faltering Ahead Of...>

CABLE TECHS
CABLE TECHS: Pulling Back After Faltering Ahead Of $1.4368 Fibo Level
*RES 4: $1.4287 Jan 26 high
*RES 3: $1.4240 Hourly congestion Jan 26
*RES 2: $1.4208 Hourly high Jan 26
*RES 1: $1.4167/72 Hourly resistance
*PRICE: $1.4110 @1040GMT
*SUP 1: $1.4083 Jan 25 low
*SUP 2: $1.4024/28 Equality fall from $1.4287, Jan 23 high
*SUP 3: $1.4007/17 38.2%$1.3458-$1.4346,76.4% $1.3916-$1.4346
*SUP 4: $1.3943 Jan 17 high, now support
*COMMENTARY* As suggested last Thursday, the overstepping of the the upper 2%
volatility band, at $1.4284 by time today, is never a long lasting scenario, so
always cautious when it happens. The subsequent fall from $1.4346-$1.4083 is
perhaps the first warning of some heavily overbought conditions. Meanwhile,
$1.4167-$1.4240 provides resistance, ahead of $1.4284-$1.4287. Above which is
needed to reignite real upside interest again.

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