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(Z18) $60 In Sight *RES 4: $74.94 -.......>

WTI TECHS
WTI TECHS: (Z18) $60 In Sight
*RES 4: $74.94 - High Oct 10 
*RES 3: $72.29 - High Oct 17 
*RES 2: $70.00 - Resistance area 
*RES 1: $65.38 - 200-dma 
*PRICE: $60.62 @ 06:13 GMT 
*SUP 1: $60.00 - Support 
*SUP 2: $56.86 - Low Mar 1 
*SUP 3: $54.93 - Low Feb 9 
*SUP 4: $51.00 - Up trendline support from Jan 2016 lows 
The $60 level is coming into focus which acted as a pivot level earlier this
year and bulls will hope for a hold above here to prevent bearish momentum
intensifying. A break below would open the Feb and ytd lows just below $55.
Bulls need to recover the 200-dma at $65.38 to gain some breathing room, while a
break above the $70 level is needed to return the focus to the upside.

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