(F19) Bears Target $50 *RES 4: $72.29 -...>

WTI TECHS: (F19) Bears Target $50

*RES 4: $72.29 - High Oct 17 

*RES 3: $64.85 - 200-dma 

*RES 2: $59.00 - 21-dma 

*RES 1: $54.90 - Low Nov 13

*PRICE: $51.35 @ 06:05 GMT 

*SUP 1: $50.10 - Low Nov 26

*SUP 3: $49.10 - Low Oct 6, 2017 (continuation chart) 

*SUP 4: $45.58 - Low Aug 31 (continuation chart) 

*SUP 4: $42.05 - June 21 (continuation chart) 

WTI futures remain clear of the $50 level despite being tested, but the recovery

above here has been weak suggesting the level remains under pressure. Below here

opens the Oct 6 low at $49.10 on the continuation chart. Bulls need to break

above the Nov 13 low at $54.90 5.86 to allow a run at the 21-dma which currently

comes in at %59.00. Above here would open the 200-dma, currently at $64.85.