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NYMEX WTI: (M18) $67.11 Support Key.......>

OIL TECHS
OIL TECHS: NYMEX WTI: (M18) $67.11 Support Key Today
*RES 4: $71.11 - Daily Bull channel top 
*RES 3: $70.40 - Bollinger band top 
*RES 2: $69.55 - 2018 High Apr 19 
*RES 1: $68.78 - High Apr 26
*PRICE: $68.10 @ 2130GMT
*SUP 1: $67.11 - Low Apr 25 
*SUP 2: $66.54 - Low Apr 18 
*SUP 3: $66.13 - 21-DMA 
*SUP 4: $65.09 - Low Apr 11
*COMMENTARY: The rejection ahead of 2018 highs Tuesday is a concern for bulls
when combined with daily studies correcting from O/B and the proximity of the
Bollinger top. Bears look for a close below $67.11 to gain breathing room and
hint at a correction back to $65.09-66.13 where the 21-DMA is found. Bulls need
a close above $69.55 to reconfirm focus on $71.11-73.25 where the MT bull
channel top is noted.

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