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(M19) 200/55-DMAs Key At The Close *RES...>

WTI TECHS
WTI TECHS: (M19) 200/55-DMAs Key At The Close
*RES 4: $70.00 - High Oct 22 
*RES 3: $68.13/36 - 76.4% Retracement/High Oct 26 
*RES 2: $66.60 - High Apr 23 
*RES 1: $64.75 - High Apr 30 
*PRICE: $60.57 @ 06:09 GMT May 6 
*SUP 1: $60.04 - Intraday low
*SUP 2: $58.44 - Low Mar 25 
*SUP 3: $55.31 - Low Mar 8 
*SUP 4: $52.71 - Low Feb 11 
WTI futures are currently below their 55 and 200-dmas and a close around here
would add to the chart damage. A close below $60 would add to the downside
momentum bringing the March 25 low at $58.44 into focus. To reignite the uptrend
bulls need to take out Tuesday's high at $64.75 which would return the focus to
the ytd high at $60.60.

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