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NYMEX WTI: (M18) Bears Need Close Below...>

OIL TECHS
OIL TECHS: NYMEX WTI: (M18) Bears Need Close Below $67.57
*RES 4: $73.55 - Weekly Bull channel top 
*RES 3: $73.25 - Low Nov 11 2014 now resistance 
*RES 2: $69.55 - 2018 High Apr 19 
*RES 1: $68.57 - Hourly support Apr 19 now resistance
*PRICE: $68.28 @ 0430GMT
*SUP 1: $67.57 - Hourly support Apr 18 
*SUP 2: $66.54 - Low Apr 18 
*SUP 3: $65.59 - Low Apr 17 
*SUP 4: $65.09 - Low Apr 11
*COMMENTARY: The lack of follow through on fresh 2018 & 3+yr highs following the
marginal break above a bull channel top is a concern for bulls when combined
with daily studies correcting from O/B and the proximity of the Bollinger band
top ($69.09). Bears still need a close below $67.57 to gain breathing room and
hint at a correction back to $65.09-65.59 where the 21-DMA ($65.38) is found.

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