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(X18) Next Wave Higher Is Here *RES 4:....>

WTI TECHS
WTI TECHS: (X18) Next Wave Higher Is Here
*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: $72.38 @ 06:34 GMT 
*SUP 1: $66.67 - Low Sep 7 
*SUP 2: $65.63 - Low Aug 22 
*SUP 3: $63.69 - Low Aug 16 
*SUP 4: $62.48 - Low June 18 
Nov-18 WTI futures continue to look strong after holding above the $72 level
yesterday, with next hurdle coming in at $79 marking the measured move from the
breakout of the four-month trading range. Bears need a close below $70 to target
the Sep 7 low at $66.67 to return the focus to the downside.

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