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(H19) Approaching Range Highs *RES 4:....>

WTI TECHS
WTI TECHS: (H19) Approaching Range Highs 
*RES 4: $76.90 - High Oct 17 (continuation chart) 
*RES 3: $64.17 - 200-dma (continuation chart) 
*RES 2: $57.96 - High Nov 16 (continuation chart) 
*RES 1: $54.24 - High Jan 21 
*PRICE: $53.35 @ 06:01 GMT Jan 30 
*SUP 1: $51.11 - 21-dma 
*SUP 2: $50.38 - Low Jan 14 
*SUP 3: $42.36 - Dec 24 low (continuation chart)
*SUP 4: $42.05 - June 21, 2017 (continuation chart) 
WTI futures are approaching their range highs seen on Jan 21 at $54.24 and a
clean break above here would shift the outlook bullish. The Nov 16 high at
$57.96 would mark the next upside target ahead of the 200dma which comes in at
$64.17. Bears need to break below the 21-dma at $51.11 to gain the edge, while a
break below the Jan 14 low at $50.38 would shift the outlook bearish. Below here
would bring the Dec 24 low at $42.36 back into focus.

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