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

BRENT TECHS: (G20): Bullish Theme Intact

*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: $64.23 @ 06:21 GMT Dec 10

*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 recently cleared the key resistance and bull trigger at $63.58, Nov 27

high. The outlook is bullish following the move higher 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.