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(M19) Uptrend Extends *RES 4: $71.81 -....>

WTI TECHS
WTI TECHS: (M19) Uptrend Extends
*RES 4: $71.81 - High Oct 17 
*RES 3: $70.00 - High Oct 22 
*RES 2: $68.13/36 - 76.4% Retracement/High Oct 26 
*RES 1: $66.60 - High Apr 23 
*PRICE: $65.93 @ 06:04 GMT Apr 24 
*SUP 1: $63.15 - Low Apr 16 
*SUP 2: $61.92 - Low Apr 5 
*SUP 3: $60.80 - 200-dma 
*SUP 4: $58.44//59.54/59.75 - Low Mar 25/55-dma/uptrend support from Feb lows 
WTI futures posted fresh highs yesterday despite the slight pullback in other
oil benchmarks, keeping the bullish trend firmly intact. Bulls look to take out
yesterday's high at $66.60 to open the 76.4% retracement/Oct 26 high at
$68.13/36. Bears look for a break below the April 16 low at $63.15 to stabilise
the outlook while a break below the April 5 low at $61.92 would suggest a
potential downside reversal. 

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