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NYMEX HO: (K18) $1.9632-1.9937 Support....>

OIL TECHS
OIL TECHS: NYMEX HO: (K18) $1.9632-1.9937 Support Now Key
*RES 4: $2.1362 - 2018 High Jan 26 (cont)
*RES 3: $2.0895 - Monthly High Jan 26
*RES 2: $2.0728 - Monthly High Feb 2
*RES 1: $2.0192 - Hourly resistance Mar 22
*PRICE: $2.0103 @ 0430GMT
*SUP 1: $1.9937 - High Feb 26 now support
*SUP 2: $1.9632 - 55-DMA
*SUP 3: $1.9326- 100-DMA
*SUP 4: $1.9144 - Low Mar 20
*COMMENTARY: Aggressive breaks of key DMAs continue this week with bullish focus
having returned to the 2.0728-2.1362 region where monthly and 2018 highs are
located. The Bollinger band top ($2.0093) remains the key concern for bulls with
potential to limit follow through. Bears now need a close below $1.9937 to ease
bullish pressure and below the 55-DMA to shift initial focus back to $1.9144.

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