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(U18) Bearish Trend Still Intact For......>

WTI TECHS
WTI TECHS: (U18) Bearish Trend Still Intact For Now
*RES 4: $70.60 - High July 13
*RES 3: $70.43 - High July 30
*RES 2: $69.95 - High August 6
*RES 1: $68.37 - High August 14
*PRICE: $66.14 @ 03:27 GMT
*SUP 1: $64.43 - Low August 16
*SUP 2: $63.37 - 200 DMA
*SUP 3: $62.99 - Low June 18
*SUP 4: $61.05 - Low April 6
The recovery above Friday's Aug 17 high and 100-dma ($67.58) has bought bulls
some breathing room, but they continue to require a close above the August 14
high of $68.37 to negate the recent downtrend and return the focus to the July
peak. On the downside, bears need to see a break below the August 16 low of
$64.43 to regain bearish momentum and make a run at the 200-dma.

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