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WTI TECHS:(G19) Bears Remain In.........>

COMMODITIES
COMMODITIES: WTI TECHS:(G19) Bears Remain In Control
*RES 4: $72.29 - High Oct 17
*RES 3: $63.92 - 200-dma
*RES 2: $54.77 - High Dec 4
*RES 1: $50.83 - 21-dma
*PRICE: $45.60 @ 10:31 GMT Dec 24
*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 hit a new marginal low yesterday as 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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