NYMEX WTI: (Z17) $53.11-73 Resistance.....>

OIL TECHS: NYMEX WTI: (Z17) $53.11-73 Resistance Remains Key 

*RES 4: $53.73 - Low Apr 18 now resistance 

*RES 3: $53.18 - Bollinger band top 

*RES 2: $53.11 - Monthly High Sept 28 

*RES 1: $52.86 - High Oct 26

*PRICE: $52.65 @ 0430GMT

*SUP 1: $52.30 - Hourly support Oct 26 

*SUP 2: $51.89 - Low Oct 25 

*SUP 3: $51.55 - Low Oct 24 

*SUP 4: $51.52 - 21-DMA

*COMMENTARY: Bulls take comfort in pressure returning to the $53.11 resistance

with the $53.11-73 resistance region remaining key. Bulls need a close above

$53.11 to reconfirm a bullish bias and above $51.73 to shift focus to $55.03-12

where the daily bull channel top and Apr highs are situated. The 21-DMA remains

key with bears needing a close below to ease immediate bullish pressure and

shift focus to $50.13-87 where the 55 ($50.20) & 200 ($50.61) DMAs are noted.