Slips Lower, $1.3153-$1.3112 Next.......>

CABLE TECHS: Slips Lower, $1.3153-$1.3112 Next Support Zone

*RES 4: $1.3390 Congestion area Sep 29

*RES 3: $1.3343/50 Sep 28,29 lows, now resistance

*RES 2: $1.3292 Oct 4 high

*RES 1: $1.3245/50 Hourly resistance

*PRICE: $1.3193 @0857GMT

*SUP 1: $1.3153 Sep 14 low

*SUP 2: $1.3112 61.8% Fibo of $1.2774-$1.3659

*SUP 3: $1.3092 2% volatility band

*SUP 4: $1.3030 Jun 30 high, now support

*COMMENTARY*  Have lost support from the 50% Fibo retrace level at $1.3216 today

and have slipped slightly below the next swing target at $1.3179. This leaves

the Sep 14 low at $1.3153 to guard against further $1.3112-$1.3092 weakness, as

we give back more of the gains from the Aug 24 base at $1.2774. Resistance from

$1.3245-$1.3250 provides the first barrier, then yesterday's $1.3292 high, above

which is needed to mount a recovery.