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(U18) Testing Key Resistance Levels ......>

OIL TECHS
OIL TECHS: (U18) Testing Key Resistance Levels 
*RES 4: $698.75 - High May 22 
*RES 3: $681.50 - High July 7 
*RES 2: $668.50 - High July 27
*RES 1: $667.25 - High August 14 and bear channel top 
*PRICE: $664.75 @ 05.50 GMT 
*SUP 1: $653.00 - Intraday low August 22 
*SUP 2: $636.25 - Low August 15 
*SUP 3: $627.00 - Low July 18 
*SUP 4: $620.02 - Bear channel bottom 
After rally strongly yesterday a cluster of key resistance levels lies just
ahead of current prices, with bulls having the opportunity to attempt a bull
flag breakout from the three-month downtrend which would strongly suggest
further gains. Bears need to quickly recovery the $653.00 level to shift the
near-term outlook neutral. 

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