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NYMEX WTI: (M18) Finding Support On.......>

OIL TECHS
OIL TECHS: NYMEX WTI: (M18) Finding Support On Dips
*RES 4: $73.25 - Low Nov 11 2014 now resistance 
*RES 3: $70.94 - Daily Bull channel top 
*RES 2: $70.22 - Bollinger band top 
*RES 1: $69.55 - 2018 High Apr 19
*PRICE: $68.35 @ 0310GMT
*SUP 1: $67.11 - Low Apr 25 
*SUP 2: $66.54 - Low Apr 18 
*SUP 3: $65.96 - 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 ($70.22). Bears now look for a close below $67.11 to gain
breathing room and hint at a correction back to $65.09-96 where the 21-DMA is
found. Bulls need a close above $69.55 to reconfirm focus on $70.94-73.25 where
the MT bull channel top is noted.

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