TECHNICALS — US oil may retest resistance at $98.47
For more technical analyses, click TECH/C SINGAPORE, Oct 16 (Reuters) — US oil may retest a resistance at $98.47 per barrel, a break above which could lead to a gain into the $99.22 to $99.97 range. A projection analysis on a wave c from $89.64 reveals a target zone of $98.47 to $99.97, formed by the 138.2% and the 161