NYMEX WTI: (J18) $60.57 Support Remains...>

OIL TECHS: NYMEX WTI: (J18) $60.57 Support Remains Key 

*RES 4: $63.94 - High Feb 6 

*RES 3: $62.63 - Low Jan 19 now resistance 

*RES 2: $62.52 - 21-DMA 

*RES 1: $61.88 - High Feb 21

*PRICE: $61.00 @ 0300GMT

*SUP 1: $60.77 - Low Feb 16 

*SUP 2: $60.57 - Hourly resistance Feb 15 now support 

*SUP 3: $59.60 - Low Feb 15 

*SUP 4: $58.75 - Hourly resistance Feb 14 a now support

*COMMENTARY: Hesitation ahead of the 21-DMA is a concern for bulls who continue

to look for a close above $63.94 to initially target 2018 highs ($66.65). Bears

continue to look for a close below $60.57 to gain breathing room and below the

$57.88 support to confirm a break of the 100-DMA ($58.45) & target the 200-DMA

($53.75). Bulls need a close above $62.63 to confirm a break of the 21-DMA and

add support to their case.