(Z18) Break Of Uptrend Puts Bears In......>

WTI TECHS: (Z18) Break Of Uptrend Puts Bears In Charge 

*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: $63.78 @ 06:17 GMT 

*SUP 1: $63.48 - Low Aug 16 

*SUP 2: $62.32 - Low Jun 16 

*SUP 3: $60.00 - Support 

*SUP 4: $54.93 - Low Feb 9 

Bears extended losses yesterday to briefly dip below the Aug 16 low at $63.48,

and a close below this level would bring the Jun 16 low at $62.32 into focus.

Below here opens a run at the $60 level and the Feb 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.