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(V18) Failure At Range Highs *RES 4:.....>

WTI TECHS
WTI TECHS: (V18) Failure At Range Highs 
*RES 4: $90.00 - Resistance
*RES 3: $80.00 - Resistance
*RES 2: $79.00 - Measured move target from triangle breakout 
*RES 1: $71.63 - High May 22
*PRICE: $69.31 @ 06:27 GMT 
*SUP 1: $68.00 - Pivot area 
*SUP 2: $63.89 - Low August 16 
*SUP 3: $63.44 - 200-DMA 
*SUP 4: $62.60 - Low June 18 
The Oct-18 WTI contract failed to overcome its May 22 high yesterday despite a
strong attempt in early trading. The weak close back below $70 now gives bears
the near-term upper hand to test the pivot area at $68 ahead of the Aug 16 lows.
Above $70 would return the focus to the upside with a close above $71.63 needed
to reignite bullish momentum. 

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