Rallies Still Troubled By...............>

CABLE TECHS: Rallies Still Troubled By $1.3997-$1.4000 Resistance

*RES 4: $1.4104 61.8% Fibo of $1.4346-$1.3712

*RES 3: $1.4070 Feb 26 high

*RES 2: $1.4021/29 1.618 swing $1.3930-$1.3782, 50% Fibo 

*RES 1: $1.3997/00 Feb 27 high, equality rise from $1.3782

*PRICE: $1.3986 @1444GMT

*SUP 1: $1.3905/20 Hourly support

*SUP 2: $1.3875 Mar 13 low

*SUP 3: $1.3841 Mar 12 low, hourly base Mar 9

*SUP 4: $1.3817 Mar 6 low

*COMMENTARY* After a couple of days is still unable as yet to deal with

$1.3997-$1.4000 resistance. A break above the latter is the key to a further

$1.4021-$1.4029 rise, where the upper 1% volatility band also resides today.

While it continues to cap, focus will eventually switch to $1.3920-$1.3905

support. Back below the latter will caution, bringing recent upside momentum

into question and suggest scope for a  deeper correction of gains from $1.3782.