(Z18) 200-DMA Gives Way, Uptrend Under....>

WTI TECHS: (Z18) 200-DMA Gives Way, Uptrend Under Threat

*RES 4: $76.72 - High Oct 3 

*RES 3: $74.94 - High Oct 10 

*RES 2: $72.29 - High Oct 17 

*RES 1: $70.00 - Resistance area 

*PRICE: $64.91 @ 05:55 GMT 

*SUP 1: $64.90 - Up trendline support from June lows 

*SUP 2: $63.48 - Low Aug 16 

*SUP 3: $62.32 - Low Jun 16 

*SUP 4: $60.00 - Support 

Bears took out the 200-dma yesterday and up trendline support from the June lows

is coming under pressure. Below here would strengthen the bearish case,

targeting the Aug 16 low at $63.48. Bulls need to recover the 200-dma at $65.37

to gain some breathing room, while a break above the $70 level is needed to

return the focus to the upside.