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NYMEX WTI: (K18) $62.69 & 64.12 Levels....>

OIL TECHS
OIL TECHS: NYMEX WTI: (K18) $62.69 & 64.12 Levels Key Today 
*RES 4: $65.67 - Hourly resistance Mar 27 
*RES 3: $65.42 - High Apr 2 
*RES 2: $64.86 - Hourly support Apr 2 now resistance 
*RES 1: $64.12 - High Apr 4
*PRICE: $63.22 @ 0430GMT
*SUP 1: $62.69 - Hourly resistance Apr 4 now support 
*SUP 2: $62.06 - Low Apr 4 
*SUP 3: $60.90 - 100-DMA 
*SUP 4: $59.91 - Low Mar 8
*COMMENTARY: Pressure on 21 ($63.17) & 55 ($62.74) DMAs resulted in a dip below
Wednesday only to be aggressively reversed. The break of $63.86 has so far
lacked follow through as bulls continue to look for a close above $65.42 to
target 2018 highs. Bears now look for a close below $62.69 to confirm breaks of
21 & 55-DMAs and shift focus to $59.91-60.84 where the 100-DMA and a bull
channel base are noted.

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