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

CABLE TECHS
CABLE TECHS: Recovery Falters Into Key $1.3299-$1.3305 Resistance
*RES 4: $1.3380 Hourly congestion May 23-25
*RES 3: $1.3342 May 28 high
*RES 2: $1.3326 May 29 high 
*RES 1: $1.3299/05 Hourly high May 29, May 23 low
*PRICE: $1.3258 @0845GMT
*SUP 1: $1.3225 Hourly support
*SUP 2: $1.3204 May 29 low
*SUP 3: $1.3152 76.4% Fibo of $1.3027-$1.4377
*SUP 4: $1.3108 2% volatility band
*COMMENTARY* Lower again Tuesday, support now located between $1.3225 and then
that day's $1.3204 low. Below and the 76.4% Fibo retrace level at $1.3152 then
protects the lower 2% volatility band, at $1.3108 by time today. Resistance
currently from between yesterday's $1.3299 recovery high and last Wednesday's
$1.3305 base. Continued failure below here will see pressure return. Through
$1.3305 and congested $1.3326-$1.3380 then the constraint to further gains.

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