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(U19) Firmer for now *RES 4: $61.45 -.....>

WTI TECHS
WTI TECHS: (U19) Firmer for now
*RES 4: $61.45 - High May 23
*RES 3: $61.02 - High Jul 11 and key resistance
*RES 2: $60.17 - High Jul 16
*RES 1: $58.53 - Intraday high
*PRICE: $58.41 @ 06:53 BST Jul 31
*SUP 1: $56.96 - Low Jul 30
*SUP 2: $55.33 - Low Jul 24
*SUP 3: $54.85/77 - Low Jul 18 / 61.8% of the Jun 5-Jul 11 rally
*SUP 4: $53.60 - Low Jun 19
WTI is firmer too, having breached resistance at $57.64. The break higher has
reduced the chances for a move lower that had been discussed earlier this week.
Instead, the focus now shifts to the potential for a gains towards $60.17 and
the key resistance at $61.02, the high of Jul 11. Support has been defined at
$55.33 where a break is required to reinstate a bearish theme. This would open
$54.85, the low of Jul 18 once again.

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