Threatening $1.3374 Support As..........>

CABLE TECHS: Threatening $1.3374 Support As Correction Continues

*RES 4: $1.3505/10 Hourly congestion area Nov 30-Dec 4

*RES 3: $1.3483 Hourly high Dec 4

*RES 2: $1.3462 Initial intraday low, now resistance

*RES 1: $1.3414/19 Dec 4 low, hourly resistance

*PRICE: $1.3389 @0910GMT

*SUP 1: $1.3338/45 Oct 13 high, 1.618 swing $1.3419-$1.3539

*SUP 2: $1.3299 76.4% Fibo of $1.3221-$1.3550

*SUP 3: $1.3259 1% volatility band

*SUP 4: $1.3221 Nov 28 low

*COMMENTARY* After another attempt to move higher on Monday, the rally faltering

at $1.3539, we have seen another fall, this time below $1.3414 and lately

challenging $1.3374 support. Below here and the $1.3345-$1.3338 area becomes the

next focus, as we continue to correct gains from the Nov 28 low at $1.3221. In

the meantime, $1.3414-$1.3419 reverts to resistance, with $1.3462-$1.3483

currently of more consequence higher.