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WTI TECHS(J19) Triggering Bullish.........>

WTI TECHS
WTI TECHS: WTI TECHS(J19) Triggering Bullish Signals
*RES 4: $63.46 - 61.8% retracement 
*RES 3: $62.66 - Low Aug 15 
*RES 2: $60.87 - 200-dma 
*RES 1: $60.44 - Channel top 
*PRICE: $59.83 @ 19:47 GMT Mar 20 
*SUP 1: $57.81 - Pivotal Support 
*SUP 2: $55.08/54.81/54.52 - 50-dma/100-dma/Low Mar 8 
*SUP 3: $51.23 - Low Feb 11 
*SUP 4: $51.00 - Low Jan 14 
WTI futures are triggering bullish signals with the upper boundary of the
ascending currently being tested, supported by the 50-dma breaking above the
100-dma. The next point of upside focus is the 200-dma at $60.87. A break above
here opens potential to the Aug 15 low at $62.66, while the 61.8% retracement of
the Oct-Dec decline comes in at $63.46. Medium term pivotal support is placed at
$57.81. Holding above here maintains the bullish technical picture.

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