Crude Oil WTI Technical Analysis: Oil hits new 2018 high at $75.15 a barrel

• Crude oil keeps pushing higher as it hit a new 2018 high at $75.15 a barrel.
• The next resistances to the upisde are likely located near 74.71 November 17, 2014 low, the 75.00 figure and 75.45 November 24, 2014 low.  
• Support is seen near the 74.00 figure and 73.25 November 14, 2014 low.  

Crude oil WTI 15-minute chart  

Spot rate:                      75.09
Relative change:           1.54%      
High:                             75.14
Low:                              73.89

Trend:                           Bullish

             
Resistance 1:               74.71 November 17, 2014 low
Resistance 2:               75.00 figure      
Resistance 3:               75.45 November 24, 2014 low
Resistance 4:               76.00 figure

             
Support 1:                    74.00 figure
Support 2:                    73.25 November 14, 2014 low
Support 3:                    73.06, 2018 high
Support 4:                    72.83 June 27 swing high
Support 5:                    72.00 figure        
Support 6:                    71.19 May 23 low        
Support 7:                    70.53 May 24 low