(F20) Probes Key Resistance *RES 4:.......>

WTI TECHS: (F20) Probes Key Resistance

*RES 4: $62.80 - 2.00 projection of Nov 20 - Nov 22 rally from Nov 29 low

*RES 3: $61.44 - High Sep 16 and primary resistance

*RES 2: $60.83 - High Sep 17

*RES 1: $59.12 - High Dec 5

*PRICE: $58.33 @ 06:17 GMT Dec 6

*SUP 1: $56.28 - Low Dec 4

*SUP 2: $55.02 - Low Nov 29

*SUP 3: $54.85 - Low Nov 20 and key support

*SUP 4: $53.84 - Low Oct 31

WTI yesterday attempted a break of key resistance and bull trigger at $58.74,

Nov 22 high and of $58.90, 76.4% of Sep 16 - Oct 3 decline. These levels were

probed but price then pulled back off the day high. Despite this, the outlook

remains bullish and a clear break of the resistance zone would resume the

uptrend and open the key $61.44, Sep 16 high. Markets have been choppy of late,

a shift lower would open first support at $56.28, Dec 4 low.