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(X18) $70 Comes Back Into Focus *RES 4:...>

WTI TECHS
WTI TECHS: (X18) $70 Comes Back Into Focus
*RES 4: $85.00 - Resistance 
*RES 3: $81.00 - Channel top 
*RES 2: $80.00 - Resistance 
*RES 1: $76.90 - High Oct 3 
*PRICE: $73.80 @ 05:33 GMT 
*SUP 1: $73.00 - Low Oct 1 
*SUP 2: $70.00 - Support 
*SUP 3: $66.67 - Low Sep 7 
*SUP 4: $65.63 - Low Aug 22 
The $75 acted as strong resistance on Friday and the failure to overcome it has
turned the near-term outlook negative, with the $70 level now coming into focus.
A break below here would be enough to shift the balance in favour of the bears
and suggest a potentially large reversal pattern. Bulls now need to overcome the
Oct 3 high at $76.90 to reignite bullish momentum and extend the broader
uptrend. 

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