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(V19) Range breakout *RES 4: $60.93 -.....>

WTI TECHS
WTI TECHS: (V19) Range breakout
*RES 4: $60.93 - High Jul 11
*RES 3: $60.13 - High Jul 16
*RES 2: $60.00 - Potential bull channel top drawn off Aug 7 low
*RES 1: $58.76/86 - High Sep 10 / High Jul 31
*PRICE: $57.80 @ 07:08 BST Sep 11
*SUP 1: $56.58 - Low Sep 9
*SUP 2: $54.83 - Low Sep 6
*SUP 3: $53.84 - Low Sep 4
*SUP 4: $52.84 - Low Sep 3 and key support
WTI started the week on a firm note and followed through yesterday with a fresh
high print. Clearance of $57.76, last Thursday's high confirms a breakout of the
broad range between $57.40 and $52.84 prices had recently traded within. This
reinforces the bullish outlook and opens $58.86 initially, the high of Jul 31.
Potential is also seen for a climb towards the $60.00 handle. Initial support
lies at $56.58, Monday's low.

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