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(M19) Upside Potential *RES 4:............>

WTI TECHS
WTI TECHS: (M19) Upside Potential
*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: $63.40 - 21-dma 
*PRICE: $61.64 @ 05:49 GMT May 13 
*SUP 1: $60.70/04 - 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 remain clear of the 200-dma at $60.70 and the May 6 low at $60.04
with the focus on the 21-dma at $63.40. A break above here would reignite upside
momentum towards the April 30 high at $64.75 ahead of the ytd high at $66.60.
Bears need a close below the 55/200-dmas at $61.13/60.70 and a break below the
May 6 low to suggest a downside reversal towards the March 25 low at $58.44.

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