(K19) $65 Remains Elusive *RES 4:.........>

WTI TECHS: (K19) $65 Remains Elusive

*RES 4: $69.98 - High Oct 22 

*RES 3: $68.17/28 - 76.4% Retracement/High Oct 26 

*RES 2: $66.60 - Low Oct 23 

*RES 1: $65.00 - Congestion zone 

*PRICE: $63.84 @ 06:03 GMT Apr 12 

*SUP 1: $61.27/60.76 - 21-dma/200-dma 

*SUP 2: $58.17/59.20 - Low Mar 25/Uptrend support from Feb lows 

*SUP 3: $54.87/54.97 - Low Mar 8/100-dma 

*SUP 4: $52.16 - Low Feb 11 

WTI futures continue to sit below the congestion zone around the $65 area but

the uptrend remains well supported keeping the focus on the upside. A break

above here would open a run at the Oct 23 low at $66.60 ahead of the 76.4%

retracement/Oct 26 high at $68.17/28. Bears look for a break below the

21-dma/200-dma at $61.27/$60.76 to suggest a downside reversal to the March 25

low and uptrend support at $58.17/59.20.