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Japanese MOF sells Y4.52898tn 3-Month Bills:

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OIL TECHS: NYMEX HO: (M18) Bulls Focused On $2.2117-3257
*RES 4: $2.3257 - Low Nov 14 2014 now resistance
*RES 3: $2.2373 - Daily Bull channel top
*RES 2: $2.2117 - High Dec 1 2014 (Cont)
*RES 1: $2.1848 - Bollinger band top
*PRICE: $2.1718 @ 0430GMT
*SUP 1: $2.1443 - Hourly support May 4
*SUP 2: $2.1253 - High May 2 now support
*SUP 3: $2.1035 - 21-DMA
*SUP 4: $2.0910 - Low May 1
*COMMENTARY: Support emerging on dips back towards the 21-DMA last week has
provided the impetus for fresh 2018 & 3+Yr highs to start the new week. Bull
reconfirm dominate and focus on $2.2117-3257 where the bull channel top is
located. Bears now look for a close below $2.1443 to gain breathing room and
below the 21-DMA now to hint at a move back to $2.0414. Daily studies are now
well placed for a fresh leg higher.

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