(V18) Back Below $70 *RES 4: $80.00 -.....>

WTI TECHS: (V18) Back Below $70

*RES 4: $80.00 - Resistance 

*RES 3: $79.00 - Measured move target from triangle breakout 

*RES 2: $71.63 - High May 22 

*RES 1: $71.40 - High Sep 4 

*PRICE: $68.79 @ 05:08 GMT 

*SUP 1: $66.86 - Low Sep 7 

*SUP 2: $65.98 - Low Aug 22 

*SUP 3: $63.89 - Low Aug 16 

*SUP 4: $63.88 - 200-DMA 

The failure to hold onto $70 has seen the Sep 7 lows at $66.86 come back into

focus on the downside, with a break below here needed to target the Aug 16 lows

and the 200-dma. Below here would confirm a bearish reversal pattern. Bulls need

to recover the Sep 4 high of $71.40 in order to cement a bullish breakout and

target the measured move level at $79.00.