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(X18) Downside Momentum Building *RES...>

WTI TECHS
WTI TECHS: (X18) Downside Momentum Building  
*RES 4: $76.90 - High Oct 3 
*RES 3: $75.08 - High Oct 10 
*RES 2: $72.67 - 21-dma 
*RES 1: $69.55 - 55-dma 
*PRICE: $68.82 @ 06:09 GMT 
*SUP 1: $68.16 - 100-dma 
*SUP 2: $66.67 - Low Sep 7 
*SUP 3: $65.63 - Low Aug 22 
*SUP 4: $65.43 - 200-dma 
WTI futures broke below the 55-dma yesterday gaining downside momentum as the
100-dma approaches at $68.16. A break below here risks triggering further
selling towards the Sep 7 low at $66.67 as a bearish reversal plays out. Bulls
need to recover the 55-dma at $69.55 and the $70 level to stabilise the outlook.
Above here targets the 21-dma at $72.67.

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