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(Z18) Bulls Target $60 *RES 4: $72.29....>

WTI TECHS
WTI TECHS: (Z18) Bulls Target $60 
*RES 4: $72.29 - High Oct 17 
*RES 3: $70.00 - Resistance area 
*RES 2: $65.27 - 200-dma 
*RES 1: $60.00 - Resistance 
*PRICE: $57.02 @ 05:59 GMT 
*SUP 1: $51.00 - Up trendline support from Jan 2016 lows 
*SUP 2: $50.01 - Low Oct 6, 2017 
*SUP 3: $45.51 - Low Jun 21, 2017 
*SUP 4: $40.60 - Low Jan 20, 2016 
WTI futures have clawed back some of their losses but need to reclaim the $60
level to shift the outlook neutral. Above here would open the 200-dma, currently
at $65.27, suggesting a move sustainable recovery. On the downside, up trendline
support from the 2016 lows comes in at $51. Below here would open the $50 level
ahead of a return to the mid-2017 lows. 

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