Supports cleared: *RES 3: 1.2670 50%....>

CABLE TECHS: Supports cleared:

*RES 3: 1.2670 50% retracement of the Mar 13 - Sep 3 decline

*RES 2: 1.2582 High Sep 20 / High Jul 15 and bull trigger

*RES 1: 1.2503 High Sep 24

*PRICE: 1.2335 @ 15:00 GMT Sep 26

*SUP 1: 1.2303 Intraday Low

*SUP 2: 1.2284 Low Sep 12

*SUP 3: 1.2270 50-dma

Having cleared support Wednesday, losses extended in the Thursday session,

bringing mid-September lows into range, with a fall through 1.2284 opening a

deeper correction. This keeps the outlook bearish and attention turns to the

50-dma at 1.2270. Broader trend signals have yet to turn bearish and while the

risk for now is down, there remains a strong possibility the current pullback is

merely a correction. Bulls need to re-take Monday's 1.2503 high to open the key

resistance at 1.2582, Sep 20 high.