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Recovery Falters Into Key...............>

CABLE TECHS: Recovery Falters Into Key $1.3294-$1.3305 Resistance
*RES 4: $1.3380 Hourly congestion May 23-25
*RES 3: $1.3342 May 28 high
*RES 2: $1.3326 Intraday high 
*RES 1: $1.3294/05 May 25 low, May 23 low
*PRICE: $1.3257 @1555GMT
*SUP 1: $1.3225 Hourly support
*SUP 2: $1.3204 Intraday low
*SUP 3: $1.3152 76.4% Fibo of $1.3027-$1.4377
*SUP 4: $1.3132 2% volatility band
*COMMENTARY* Heads lower again today, nearest support now located between
$1.3225-$1.3204. Any lower and the 76.4% Fibo retrace level at $1.3152 then
protects the lower 2% volatility band, at $1.3132 by time today. Resistance
currently from two previous lows, Friday's $1.3294 and last Wednesday's $1.3305
base. Failure below here will see pressure return, $1.3108 the next Fibo support
of note.

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