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NYMEX WTI: (U18) Capped Between 21DMA.....>

WTI TECHS
WTI TECHS: NYMEX WTI: (U18) Capped Between 21DMA And 55DMA
The contract is trapped between the 21DMA ($69.62) and the 55DMA ($68.45) as the
choppy uptrend from the July 18 remains intact but lacks impulse. The 21DMA and
July high of $69.93 will be big obstacles for the bulls to overcome, which could
reignite upside momentum. On the downside, bears need a break below the 55DMA
and the Friday low of $68.26 to end the ST uptrend. 

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