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(F19) $50 Level Hanging By A Thread ......>

WTI TECHS
WTI TECHS: (F19) $50 Level Hanging By A Thread 
*RES 4: $72.29 - High Oct 17 
*RES 3: $64.80 - 200-dma 
*RES 2: $56.00 - Down trendline resistance 
*RES 1: $54.90 - Low Nov 13 
*PRICE: $50.53 @ 06:00 GMT 
*SUP 1: $50.00 - Support 
*SUP 2: $49.10 - Low Oct 6, 2017 (continuation chart) 
*SUP 3: $45.58 - Low Aug 31, 2017 (continuation chart) 
*SUP 4: $42.05 - June 21, 2017 (continuation chart) 
WTI futures tested broke marginally below Monday's lows yesterday as the key $50
level looks increasingly fragile. A close below $50 would reignite bearish
momentum and signal another down leg towards the Aug 2017 lows on the
continuation chart. On the upside, resistance comes in at $54.90 marking the Nov
13 low and a break above here would open down trendline resistance. 

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