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(X18) Bearish Momentum Building *RES 4:...>

WTI TECHS
WTI TECHS: (X18) Bearish Momentum Building
*RES 4: $76.72 - High Oct 3 
*RES 3: $74.94 - High Oct 10 
*RES 2: $71.85 - 21-dma 
*RES 1: $69.36 - 55-dma 
*PRICE: $66.61 @ 06:20 GMT 
*SUP 1: $65.19 - 200-dma 
*SUP 2: $63.48 - Low Aug 16
*SUP 3: $62.32 - Low Jun 16 
*SUP 4: $60.00 - Support 
WTI futures broke cleanly below their 100-dma yesterday as bearish momentum is
building ahead of a test of the 200-dma at $65.19. Below here would open the Aug
16 low at $63.48. Bulls now have the tough task of recovering the 55-dma at
$69.36 to stabilise the outlook and look to bring the cycle highs above $75 back
into focus. 

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