Sharp Pullback After Brief Rally........>

CABLE TECHS: Sharp Pullback After Brief Rally Through $1.4195 Fibo Level

*RES 4: $1.4279 Feb 1, Feb 2 highs

*RES 3: $1.4220 Mar 22 high

*RES 2: $1.4185 Mar 22 hourly highs

*RES 1: $1.4145/52 Hourly resistance, 1% volatility band

*PRICE: $1.4104 @0909GMT

*SUP 1: $1.4055/60 Hourly congestion area Mar 21

*SUP 2: $1.4018/20 Hourly base Mar 19, initial high Mar 20

*SUP 3: $1.3983 Mar 20 low

*SUP 4: $1.3960/65 Congestion area Mar 13-Mar 16

*COMMENTARY* Recovered well from Tuesday's drop to $1.3983. Thursday's rally

surpassed the 3 week bull channel top and also the next level of note, the 76.4%

Fibo retrace level both at $1.4195. A high of $1.4220 before running into some

near term heavily overbought conditions. As a result of the subsequent fall, now

looking at $1.4060-$1.4018 corrective potential. Resistance meanwhile comes from

$1.4145-$1.4152 and then $1.4185.