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(U20) Recent High Holds Firm For Now......>

WTI TECHS
WTI TECHS: (U20) Recent High Holds Firm For Now
*RES 4: $48.97 - High Mar 3
*RES 3: $46.76 - High Mar 6
*RES 2: $44.38 - Low Mar 2
*RES 1: $42.51 - High Jul 21 and the intraday bull trigger
*PRICE: $41.13 @ 06:34 BST Jul 24
*SUP 1: $39.97 - Low Jul 20
*SUP 2: $38.77 - Low Jul 10
*SUP 3: $38.53/37.32 - 50-day EMA / Low Jun 25 and the reversal trigger
*SUP 4: $35.01- Low Jun 15 and key support
WTI futures remain bullish although for now resistance at $42.51, Jul 21 high is
holding firm. This week saw the contract resume its uptrend, clearing $41.74,
Jun 23 high. The move confirmed a resumption of the uptrend that has been in
place since Apr 22. This sets the scene for an extension higher towards $44.38
next, Mar 2 low. Support has been defined at $39.97, Monday's low.

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