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(V19) Resistance at $63.38 *RES 4:........>

WTI TECHS
WTI TECHS: (V19) Resistance at $63.38
*RES 4: $65.85 - 2.000 projection of Sep 3 - Sep 10 rally from Sep 12 low
*RES 3: $64.39 - High Apr 30
*RES 2: $63.87 - High May 20
*RES 1: $63.38 - High Sep 16
*PRICE: $62.27 @ 06:52 BST Sep 17
*SUP 1:$61.61 - Intraday low
*SUP 2: $58.77/76 - Low Sep 16 / High Sep 10 and gap low
*SUP 3: $58.30 - High Sep 11
*SUP 4: $56.34 - High Sep 12
WTI started the week on a volatile note and traded in a wide range Monday
following weekend developments in Saudi Arabia. It is difficult to assess
technical readings under such conditions as the market evaluates the heightened
risk concerns. Prices did pullback back to a low of $58.77 yesterday filling an
initial gap in the chart. A break is required to trigger a deeper retracement.
Resistance is at $63.38, yesterday's high. A break would open $63.87 and $64.39.

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