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NYMEX HO: (X18) Bulls Look To Retake......>

OIL TECHS
OIL TECHS: NYMEX HO: (X18) Bulls Look To Retake $230
*RES 4: $2.5500 - Channel top 
*RES 3: $2.4496 - High Oct 3 
*RES 2: $2.3590 - Low Oct 8, now resistance 
*RES 1: $2.3000 - Resistance 
*PRICE: $2.2781 @ 05:42 GMT 
*SUP 1: $2.1974 - Low Sep 18 
*SUP 2: $2.1813 - High Aug 14 now support 
*SUP 3: $2.1288 - 200-dma 
*SUP 4: $2.0851 - Low Aug 15 
Bulls retook the 55-dma yesterday to bring the key $230 level back into focus .
Above here would re-establish the broader uptrend opening the Oct 8 lows ahead
of a return to the Oct 3 high. Bears continue to look for a break below the
pivot area just below $2.2 to strengthen the downtrend and open the 200-dma at
$2.1288. 

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