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NYMEX WTI: (H18) Above $66.66 Targets.....>

OIL TECHS
OIL TECHS: NYMEX WTI: (H18) Above $66.66 Targets $68.42-71.27 
*RES 4: $71.27 - Weekly bull channel top 
*RES 3: $69.54 - High Dec 1 2014 
*RES 2: $68.42 - Daily bull channel top 
*RES 1: $66.66 - 2018 High Jan 25
*PRICE: $66.09 @ 0330GMT
*SUP 1: $65.05 - Hourly support Feb 1 
*SUP 2: $64.63 - Low Feb 1 
*SUP 3: $63.89 - 21-DMA 
*SUP 4: $63.67 - Low Jan 31
*COMMENTARY: Bulls take comfort in the recovery from dips back to the 21-DMA
with bullish focus back on the break of $66.66 needed to shift focus to
$68.42-71.27 where daily and weekly bull channel tops are situated. The
Bollinger top ($66.69) is the key concern for bulls with potential to limit
follow through. Bears now need a close below $64.63 to ease renewed bullish
pressure.

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