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(X18) Bulls Gaining Momentum *RES 4:.....>

WTI TECHS
WTI TECHS: (X18) Bulls Gaining Momentum 
*RES 4: $85.00 - Resistance 
*RES 3: $80.00 - Resistance 
*RES 2: $79.00 - Measured move target from triangle breakout 
*RES 1: $75.46 - Low Jan 31 2014, now resistance 
*PRICE: $73.50 @ 06:35 GMT 
*SUP 1: $70.00 - Support 
*SUP 2: $66.67 - Low Sep 7 
*SUP 3: $65.63 - Low Aug 22 
*SUP 4: $63.69 - Low Aug 16 
Nov-18 WTI futures broke out of their short-term range to the upside on Friday
and show no sign of slowing down as the next upside target comes in at $75.46
marking the Jan 2014 low. Above here lies the $79 measured move from the
breakout of the four-month trading range. Bears need a close below $70 to stem
the tide and target the Sep 7 low at $66.67 to return the focus to the downside.

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