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(J19) 21-DMA Continues To Hold *RES 4:....>

WTI TECHS
WTI TECHS: (J19) 21-DMA Continues To Hold
*RES 4: $61.18 - 200-dma 
*RES 3: $60.80 - Channel top 
*RES 2: $58.70 - High Nov 16 
*RES 1: $57.81/88 - High Feb 22/Mar 1 
*PRICE: $56.30 @ 05:57 GMT Mar 7 
*SUP 1: $55.53/02 - 21-dma/Low Feb 26 
*SUP 2: $53.03 - 50-dma 
*SUP 3: $51.23 - Low Feb 11 
*SUP 4: $50.38 - Low Jan 14 
WTI futures continue to hold above the 21-dma keeping the positive outlook
intact. Bulls look to take out the Feb 22 and Mar 1 highs at $57.81/88 to open
channel top resistance and the 200-dma. For the bears a break below the 21-dma
would allow focus to return to the downside with a break below Feb 26 low at
$55.02 needed to suggest a potential downside reversal to the 50-dma. 

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