Upside Still Has 4 Year Falling.........>

CABLE TECHS: Upside Still Has 4 Year Falling Resistance Line To Break

*RES 4: $1.3753 Max 5th wave target in rise from $1.3153

*RES 3: $1.3714 1.618 swing of $1.3619-$1.3465

*RES 2: $1.3635 Equality rise from $1.3382 to $1.3153-$1.3406

*RES 1: $1.3619/22 Sep 18 high, 4 year falling res line

*PRICE: $1.3572 @1458GMT

*SUP 1: $1.3530/40 Hourly support

*SUP 2: $1.3505/10 Intraday hourly basing area

*SUP 3: $1.3465/69 Sep 18, Sep 19 lows

*SUP 4: $1.3382 Hourly base Sep 14

*COMMENTARY* A high of $1.3619 so far, just below the 4 year falling resistance

line at $1.3622. Has subsequently been correcting some near term overbought

conditions and support from around $1.3470 has been under pressure this week.

The recovery through $1.3585, again highlights the $1.3619-$1.3635 area, the

upper 2% volatility band also here today. Support from $1.3540-$1.3505, any

lower would caution now. Directly through $1.3635 and not much until $1.3714.