NYMEX HO: (X17) $1.7635 & $1.8127.........>

OIL TECHS: NYMEX HO: (X17) $1.7635 & $1.8127 Levels Now Key

*RES 4: $1.8267 - Hourly resistance Sept 28

*RES 3: $1.8127 - High Oct 5

*RES 2: $1.8028 - Hourly support Oct 5 now resistance

*RES 1: $1.7925 - Hourly resistance Oct 6

*PRICE: $1.7872 @ 0330GMT

*SUP 1: $1.7776 - Hourly support Oct 5

*SUP 2: $1.7635 - Hourly support Oct 4

*SUP 3: $1.7472 - Hourly support Oct 4a

*SUP 4: $1.7382 - Low Oct 4

*COMMENTARY: The recovery from the week's low has lacked follow through with

bulls now needing a close above $1.8127 to regain the upper hand and return

focus to $1.8586-1.8912) where 2017 highs and the bull channel top are situated.

The $1.7635 support is key today with bears needing a close below toe reconfirm

focus on $1.6829-1.7382 where the bull channel base ($1.7190) and 55-DMA

($1.6958) are noted.