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(F19) Bearish Trend Intensifies *RES 4:...>

WTI TECHS
WTI TECHS: (F19) Bearish Trend Intensifies
*RES 4: $72.29 - High Oct 17 
*RES 3: $64.29 - 200-dma 
*RES 2: $56.00 - Down trendline resistance 
*RES 1: $51.32 - 21-dma 
*PRICE: $46.39 @ 05:39 GMT Dec 19
*SUP 1: $45.58 - Low Aug 31, 2017 (continuation chart) 
*SUP 2: $42.05 - June 21, 2017 (continuation chart) 
*SUP 3: $39.26 - Aug 3, 2016 (continuation chart) 
*SUP 4: $38.00 - Bear channel bottom 
WTI futures continue to head lower as the August 31 2017 lows now come into
focus down at $45.58 on the continuation chart. Bulls would need to recover the
21-dma, currently at $51.32 to improve the outlook. Above here would allow a
challenge of down trendline resistance from the highs which comes in at $56.

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