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(N19) Some Downside Momentum *RES 4:.....>

WTI TECHS
WTI TECHS: (N19) Some Downside Momentum 
*RES 4: $67.88 - 76.4% Retracement 
*RES 3: $66.44 - High Apr 23 
*RES 2: $64.81 - High Apr 30 
*RES 1: $63.96 - May 20 
*PRICE: $62.61 @ 01:37 GMT May 22 
*SUP 1: $61.96 - 55-dma
*SUP 2: $60.70/10 - 200-dma/Low May 6 
*SUP 3: $58.60 - Low Mar 28 
*SUP 4: $55.80 - Low Mar 8 
WTI futures are succumbing to the downside momentum seen across the oil complex
with bears now looking to the 55-dma at $61.96. A break below here would bring
the 200-dma/May 6 low at $60.70/10 into play ahead of the March 28 low at
$58.60. To regain the upper hand bulls need to take out Monday's high at $63.96.
Above here brings the April 30 high into focus at $64.81. 

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