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NYMEX WTI: (K18) Bulls Dominate While.....>

OIL TECHS
OIL TECHS: NYMEX WTI: (K18) Bulls Dominate While $63.94 Supports 
*RES 4: $73.25 - Low Nov 11 now resistance 
*RES 3: $69.54 - High Dec 1 2014 (Cont) 
*RES 2: $66.66 - 2018 High Jan 25 (Cont) 
*RES 1: $66.55 - High Mar 26
*PRICE: $65.38 @ 0430GMT
*SUP 1: $64.37 - Hourly support Apr 10 
*SUP 2: $63.94 - Hourly resistance Apr 10 now support 
*SUP 3: $63.20 - Low Apr 10 
*SUP 4: $62.43 - Hourly resistance Apr 9 now support
*COMMENTARY: The bounce to start the new week has resulted in another aggressive
rally Tuesday that sees immediate focus return to $66.55-66. Bulls need a close
above this region to then target $69.54-73.25. Daily studies are perfectly
placed for a fresh leg higher. Bears now look for a close below $64.37 to gain
breathing room and below $63.94 to shift focus back to $61.03-81 where the
100-DMA is noted.

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