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NYMEX HO: (H18) $2.1000 Break Has.........>

OIL TECHS
OIL TECHS: NYMEX HO: (H18) $2.1000 Break Has $2.1230-$2.1405 Potential
*RES 4: $2.2105 - High Dec 2 2014
*RES 3: $2.1748 - Feb 1 2015 high
*RES 2: $2.1405 - 1.618 swing of $2.1000-$2.0344
*RES 1: $2.1230 - Hourly resistance
*PRICE: $2.1023 @ 0335GMT     
*SUP 1: $2.0825 - Hourly support 
*SUP 2: $2.0725 - Jan 17 high, hourly base Jan 23
*SUP 3: $2.0520 - Congestion area Jan 19-22
*SUP 4: $2.0344 - Jan 19 low
*COMMENTARY: Again moving higher, leaving $2.1000 in it's wake as we see a high
of $2.1080 so far. Next resistance to note comes from $2.1230, ahead of the
swing target of the recent $2.1000-$2.0344 fall, at $2.1405. As a consequence,
support rises to $2.0825, although the $2.0725-$2.0520 area presently provides a
stronger corrective base below.

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