NYMEX WTI: (K18) Bulls Need Close Above...>

OIL TECHS: NYMEX WTI: (K18) Bulls Need Close Above $64.12 

*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: $63.77 @ 0430GMT

*SUP 1: $63.20 - Hourly support Apr 10 

*SUP 2: $62.43 - Hourly resistance Apr 9 now support 

*SUP 3: $61.81 - Low Apr 6 

*SUP 4: $60.95 - 100-DMA

*COMMENTARY: The bounce to start the new week is less than ideal for bears who

continue to look for a close below the 100-DMA to initially pressure $59.18-91

and then the $57.60 Feb low. The $64.12 resistance remains key this week with

bulls needing a close above to gain breathing room and above $65.42 to target

2018 highs. While $64.12 caps bears retain the upper hand but need a close below

$63.22 to gain breathing room.