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BRENT TECHS: (G19) Focus Back On The Lows *RES 4:....>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: (G19) Focus Back On The Lows
*RES 4: $75.00 - Resistance 
*RES 3: $72.36 - 200-dma 
*RES 2: $65.00 - Down trendline resistance 
*RES 1: $63.58 - High Dec 4 
*PRICE: $59.70 @ 04:55 GMT 
*SUP 1: $57.79 - Low Nov 29 
*SUP 2: $55.00 - Up trendline support from 2016 lows 
*SUP 3: $50.00 - Support 
*SUP 4: $48.97 - Low Jun 21, 2017 
Feb-19 Brent futures accelerated their decline through neckline support at the
$61 level yesterday to bring the Nov 29 low at $57.509 into focus. Below here
would open up trendline support from the 2016 lows at $55. Bulls need to recover
the $61.00 level initially before targeting the Dec 4 high at $63.58. Above here
opens a challenging of down trendline resistance which comes in at $65.

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