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WTI TECHS (G19) Bears Back On Top.......>

COMMODITIES
COMMODITIES: WTI TECHS (G19) Bears Back On Top
*RES 4: $72.29 - High Oct 17
*RES 3: $65.66 - 200-dma
*RES 2: $54.77 - High Dec 4
*RES 1: $50.83 - 21-dma
*PRICE: $45.13 @ 15:31 GMT Dec 27
*SUP 1: $45.58 - Low Aug 31, 2017 (continuation chart)
*SUP 2: $42.05 - June 21, 2017 (continuation chart)
*SUP 3: $39.26 - Aug 3, 2016 (continuation chart)
*SUP 4: $38.00 - Bear channel bottom
WTI futures have fallen today after breaking back over $46 yesterday, and the
bear market rolls on towards the August 31 2017 lows at $45.58 on the
continuation chart. Bulls would need to recover the 21-dma, currently at $50.83
to improve the outlook. Above here would allow a challenge of the Dec 4 high
ahead of a run at the 200-dma.

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