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OIL TECHS: NYMEX WTI: (F18) Bulls Targeting Channel Top 
*RES 4: $60.05 - High June 30 2015 
*RES 3: $59.30 - Daily bull channel top 
*RES 2: $58.93 - Bollinger band top 
*RES 1: $58.58 - 2017 High Nov 23
*PRICE: $58.37 @ 0230GMT
*SUP 1: $58.15 - High Nov 22 now support 
*SUP 2: $57.75 - Low Nov 23 
*SUP 3: $57.22 - High Nov 21 now support 
*SUP 4: $56.88 - Hourly support 21 Nov
*COMMENTARY: The correction lower from 2017 highs found support ahead of the
21-DMA which provided the base for a rally and bullish close last Friday. The
close above $58.15 confirms focus on the daily bull channel top with the
Bollinger band top the key concern with potential to limit follow through. Bears
now need a close below $57.75 to ease bullish pressure and below $57.22 to shift
initial focus back to $55.00-56.07 where the 21-DMA is located.

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