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NYMEX WTI: (J18) $61.10 Support Key.......>

OIL TECHS: NYMEX WTI: (J18) $61.10 Support Key Today 
*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: $62.11 @ 0430GMT
*SUP 1: $61.96 - 55-DMA 
*SUP 2: $61.69 - 21-DMA 
*SUP 3: $61.10 - Low Mar 5 
*SUP 4: $60.13 - Low Mar 2
*COMMENTARY: A lack of follow through on dips back to $60.13 has provided the
impetus for closes above 21 & 55 DMAs and seen focus return to $64.24-97. Bulls
now need a close above this region to return initial focus to $66.39-65 where
2018 highs are noted. Bears now need a close below $61.10 to confirm breaks of
21 & 55-DMAs and return focus to $57.90-59.59 where the 100-DMA and bull channel
base are noted.

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