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(Z18) Struggling To Bounce Off YTD Lows...>

WTI TECHS
WTI TECHS: (Z18) Struggling To Bounce Off YTD Lows
*RES 4: $72.29 - High Oct 17 
*RES 3: $70.00 - Resistance area 
*RES 2: $65.25 - 200-dma 
*RES 1: $60.00 - Resistance 
*PRICE: $56.99 @ 06:02 GMT 
*SUP 1: $54.75 - Low Nov 13 
*SUP 2: $51.00 - Up trendline support from Jan 2016 lows 
*SUP 3: $50.01 - Low Oct 6, 2017 
*SUP 4: $45.51 - Low Jun 21, 2017 
The recovery off the Nov 13 lows lacks momentum and the broader bearish trend
remains firmly intact. .Bears look to close below $54.75 to accelerate the
downtrend opening 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. Bulls need
to reclaim the $60 level to shift the outlook neutral. Above here would open the
200-dma, currently at $65.25.

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