NYMEX WTI: (J18) 100-DMA Support Key .....>

OIL TECHS: NYMEX WTI: (J18) 100-DMA Support Key 

*RES 4: $64.96 - High Feb 5 

*RES 3: $64.24 - High Feb 26 

*RES 2: $63.58 - Hourly resistance Feb 27 

*RES 1: $62.78 - Hourly resistance Mar 6

*PRICE: $62.04 @ 2030GMT

*SUP 1: $61.65 - Hourly support Mar 9 

*SUP 2: $61.44 - 21-DMA 

*SUP 3: $60.90 - Hourly resistance Mar 9 now support 

*SUP 4: $60.47 - Hourly resistance Mar 9a now support

*COMMENTARY: Despite looking heavy last week the $59.32-95 support region where

the 100-DMA ($59.32) and bull channel base are located confirmed significance

with a rally and bullish close Friday that provides bulls breathing room and

hints at a test of $64.24-97 this week. Overall a close above $64.97 remains

needed to return focus to $66.39-65. Bears continue to look for a close below

the 100-DMA to hint at a move back to $53.30-55.37 with below $57.90 to confirm.