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(N20) Bull Trend Intact *RES 4: $37.64....>

WTI TECHS
WTI TECHS: (N20) Bull Trend Intact
*RES 4: $37.64 - High Mar 9 and gap low
*RES 3: $37.33 - High Mar 11
*RES 2: $35.18 - High Apr 9 and key resistance
*RES 1: $34.81 - High May 26
*PRICE: $34.05 @ 06:46 BST May 27
*SUP 1: $31.09/30.72 - Trendline support drawn off the Apr 29 low / Low May 22
*SUP 2: $27.98 - High May 6 and former breakout level
*SUP 3: $27.53 - Low May 15
*SUP 4: $25.25 - Low May 13
WTI futures edged higher yesterday and achieved a fresh high print of $34.81,
just above the former resistance of $34.66, May 21 high. The uptrend remains
intact with the bullish price sequence of higher highs and higher lows still in
place. The focus is on $35.18, Apr 9 high and the next key resistance. Firm
support lies at $30.72, May 22 low ahead of trendline support at $31.09. The
trendline is drawn off the Apr 29 low. Bullish!

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