Tech on Nymex WTI futures

Market news

18 July 2012

Tech on Nymex WTI futures

Resistance 3:95,00 (61,8% FIBO 106,10-77,20)

Resistance 2:91,70 (50,0% FIBO 106,10-77,20, Jun 29 high)

Resistance 1:90,40 (top line of up channel from Jul 12)

Current Price: 89.34

Support 1:87,20 (session low, bottom line of up channel from Jul 12)

Support 2:87,20 (Jul 17 low)

Support 3:86,20 (Jul 16 low, MA (200) for H1)

Oil rose

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