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(K19) Bulls Extend Through 200-dma .......>

WTI TECHS
WTI TECHS: (K19) Bulls Extend Through 200-dma 
*RES 4: $68.17/28 76.4% Retracement/High Oct 26
*RES 4: $65.00 Congestion zone 
*RES 4: $63.46 - 61.8% retracement 
*RES 3: $62.66 - Low Aug 15 
*PRICE: $61.73 @ 06:36 GMT Apr 2
*SUP 1: $58.17/48 - Low Mar 25/Uptrend support from Feb lows 
*SUP 2: $54.87/54.63 - Low Mar 8/100-dma 
*SUP 3: $52.16 - Low Feb 11 
*SUP 4: $51.45 - Low Jan 14 
WTI futures extended their rally through the key 200-dma yesterday and are
closing in on the next level of resistance at the Aug 15 low at $62.66. Above
here would bring the 61.8% retracement level back into play. To return the focus
to the downside bears need to break back below the March 25 low at $58.17 and
uptrend support from the Feb lows. A break brings the Mar 8 low & 100-dma back
into view at $54.87/63, ahead of the Feb 11 low at $52.16.

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