Techs on WTI

WTI oil holds at $101.92, recovering from yesterday’s lows at $101.16. Initial resistance comes at $102.80, extending to $103. Above resistance is near $104.30 (Oct 3 highs), $105 (Sep 17 lows) and $106.20 (channel line from Aug 28). Below $101.16 support comes at $100.40 (Sep 14’2012 high), stronger one - at channel line from $99.90/80 (also 50% Fibo of the $85.60 - $112.20 rally).

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