Crude Oil WTI Technical Analysis: Stalling below $69.00 a barrel

• Crude oil is about to end the day virtually unchanged as the market traded between 67.72 support and $68.88 a barrel. 
• As crude oil didn’t manage to breakout above 69.00, it is a sign of weakness for bulls which opens up the possibility of the potential resumption of the bear trend. A breakout above 69.00 could lead to a breakout towards 70.00. 
• Support is the 67.72 level, June 26 low and 67.16 June 14 high. 

Crude oil WTI 15-minute chart

Spot rate:             68.09
Relative change:  0.13%     
High:                    68.88
Low:                     67.67

Trend:                  Bullish above 69.00

Resistance 1:      68.30 supply/demand level
Resistance 2:      69.00 figure 
Resistance 3:      69.44 June 25 high
Resistance 4:      70.00 figure   
Resistance 5:      70.53 May 24 low 
Resistance 6:      71.19 May 23 low  
Resistance 7:      72.13 July 6 low
Resistance 8:      73.00 figure

Support 1:           67.72 June 26 low
Support 2:           67.16 June 14 high
Support 3:           66.53 June 20 high
Support 4:           65.71, June 22 low