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BRENT TECHS: (G20): Bullish Theme Holds *RES 4:......>

BRENT TECHS: (G20): Bullish Theme Holds
*RES 4: $68.02 - High Sep 16 and primary resistance
*RES 3: $65.53 - Nov 17 high
*RES 2: $64.98 - 76.4% retracement of Sep 16 - Oct 3 decline
*RES 1: $64.88 - High Dec 6
*PRICE: $64.01 @ 06:31 GMT Dec 12
*SUP 1: $62.75 - Low Dec 5
*SUP 2: $61.00 - Low Dec 4
*SUP 3: $60.30 - Low Dec 3 and key support
*SUP 4: $59.44 - Low Nov 20
BRENT outlook is unchanged and remains bullish. Price recently cleared the key
resistance and bull trigger at $63.58, Nov 27 high. The outlook is bullish with
the break confirming a resumption of the uptrend that has been in place since
the Oct 3 low. Attention is on $64.98, 76.4% retracement of the Sep 16 to Oct 3
decline. A breach of this level would open $68.02, Sep 16 high. Initial support
lies at $62.75, the Dec 5 low.

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