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(K19) Consolidating Trend *RES 4:.........>

WTI TECHS
WTI TECHS: (K19) Consolidating Trend
*RES 4: $63.46 - 61.8% retracement
*RES 3: $62.66 - Low Aug 15
*RES 2: $60.77 - 200-dma
*RES 1: $60.38/39 - High Mar 26,21
*PRICE: $59.48 @ 06:56 GMT Mar 29
*SUP 1: $58.17 - Low Mar 25
*SUP 2: $54.87/54.66 - Low Mar 8/100-dma
*SUP 3: $52.16 - Low Feb 11
*SUP 4: $51.45 - Low Jan 14
WTI futures extended the corrective pullback to $58.20 yesterday, before meeting
support ahead of the Mar 25 low. A downside break brings the Mar 8 low & 100-dma
back into view at $54.87/66, ahead of the Feb 11 low at $52.16. Bulls need to
recover the $60 level to improve the outlook, opening the Mar 21 high & 200-dma
at $60.39/77.

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