NYMEX WTI: (M18) Bulls Focused On.........>

OIL TECHS: NYMEX WTI: (M18) Bulls Focused On $69.04-73.25 

*RES 4: $73.25 - Low Nov 11 now resistance 

*RES 3: $69.54 - High Dec 1 2014 (Cont) 

*RES 2: $69.04 - Daily Bull channel top 

*RES 1: $67.38 - 2018 High Apr 11 (Cont)

*PRICE: $67.00 @ 0430GMT

*SUP 1: $66.33 - Hourly resistance Apr 11 now support 

*SUP 2: $65.68 - Hourly support Apr 11 

*SUP 3: $65.09 - Low Apr 11 

*SUP 4: $64.35 - Hourly support Apr 10

*COMMENTARY: The bounce to start the new week has resulted in aggressive rallies

resulting in fresh 2018 & 3+yr highs Wednesday and bulls now targeting

$69.04-73.25. Daily studies are perfectly placed for a fresh leg higher but the

Bollinger band top ($67.25) is a concern. Bears now look for a close below

$65.09 to gain breathing room and below the 21-DMA ($63.92) to shift focus back

to $61.12-81 where the 100-DMA is noted.