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(M19) Pullback Remains Shallow *RES 4:....>

WTI TECHS
WTI TECHS: (M19) Pullback Remains Shallow
*RES 4: $68.13/36 - 76.4% Retracement/High Oct 26 
*RES 3: $66.60 - High Apr 23 
*RES 2: $64.75 - High Apr 30 
*RES 1: $63.81 - May 17 
*PRICE: $63.32 @ 05:32 GMT May 21 
*SUP 1: $60.63/04 - 200-dma/Low May 6 
*SUP 2: $58.44 - Low Mar 25 
*SUP 3: $55.31 - Low Mar 8 
*SUP 4: $52.71 - Low Feb 11 
WTI futures are outperforming the oil complex with the pullback off yesterday's
highs remaining shallow keeping the focus on the upside. Above yesterday's high
at $63.81 would open the April 30 high at $64.75 ahead of the April 23 ytd high
at $66.60. To the downside, a break below the 200-dma/May 6 low at $60.63/04 is
needed to suggest a downside reversal towards the March 25 low at $58.44.

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