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(K19) Rally Gathers Pace *RES 4: $69.98...>

WTI TECHS
WTI TECHS: (K19) Rally Gathers Pace
*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: $64.55 @ 05:44 GMT Apr 9 
*SUP 1: $60.78 - 200-dma 
*SUP 2: $58.17/58.40 - Low Mar 25/Uptrend support from Feb lows 
*SUP 3: $54.87/54.77 - Low Mar 8/100-dma 
*SUP 4: $52.16 - Low Feb 11 
WTI futures continue to hit fresh ytd highs, taking out the 61.8% retracement
level yesterday to shift the focus to the congestion zone around the $65 area.
Above here would open a run at the Oct 23 low at $66.60. To regain some momentum
bears look for a break back below the 200-dma at $60.78 which would allow a run
at the March 25 low and uptrend support at $58.17/58.40.

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