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WTI TECHS(Z18) Bearish Below 200-DMA......>

WTI TECHS
WTI TECHS: WTI TECHS(Z18) Bearish Below 200-DMA
*RES 4: $74.94 - High Oct 10 
*RES 3: $72.29 - High Oct 17 
*RES 2: $70.00 - Resistance area 
*RES 1: $65.39 - 200-dma 
*PRICE: $62.98 @ 05:59 GMT 
*SUP 1: $62.32 - Low Jun 16 
*SUP 2: $60.00 - Support 
*SUP 3: $56.86 - Low Mar 1 
*SUP 4: $54.93 - Low Feb 9 
The bearish trend shows little sign of ending with the next downside target
coming in at the Jun 16 low of$62.32. Below here would suggest a run at the $60
level and the Feb lows just below $55. Bulls need to recover the 200-dma at
$65.39 to gain some breathing room, while a break above the $70 level is needed
to return the focus to the upside.

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