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(F19) Bears Consolidate Recent Declines...>

WTI TECHS
WTI TECHS: (F19) Bears Consolidate Recent Declines 
*RES 4: $72.29 - High Oct 17 
*RES 3: $63.98 - 200-dma 
*RES 2: $54.77 - High Dec 4
*RES 1: $51.29 - 21-dma 
*PRICE: $46.39 @ 06:07 GMT Dec 20 
*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 
Tuesday's low at $46.11 remains in focus as recovery efforts remain weak. Below
here opens the August 31 2017 lows at $45.58 on the continuation chart. Bulls
would need to recover the 21-dma, currently at $51.29 to improve the outlook.
Above here would allow a challenge of the Dec 4 high ahead of a run at the
200-dma.

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