Supported Below 100-DMA *RES 4:.........>

CABLE TECHS: Supported Below 100-DMA

*RES 4: $1.3031 High Aug 10 

*RES 3: $1.2990 Alternating hourly support/resistance 

*RES 2: $1.2970 High Aug 15 

*RES 1: $1.2929 55-DMA

*PRICE: $1.2906 @ 0430GMT

*SUP 1: $1.2880 Hourly support Aug 16 

*SUP 2: $1.2842 Low Aug 16 

*SUP 3: $1.2813 Monthly Low July 7 

*SUP 4: $1.2797 Low June 28

*COMMENTARY: Pressure on the 100-DMA ($1.2865) and the bull channel base

($1.2868) resulted in a dip below that lacked follow through with the reversal

higher seeing focus back on $1.2929-90. Bulls look for a close above the 55-DMA

to gain breathing room and above $1.2990 to shift focus back to the 21-DMA.

Bears now need a close below $1.2842 to confirm a break of the 100-DMA and below

$1.2759 to target the 200-DMA ($1.2640).