BRENT TECHS: (G20): Bullish Theme Remains Intact.....>

BRENT TECHS: (G20): Bullish Theme Remains 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: $63.58 - High Nov 27

*PRICE: $62.95 @ 06:22 GMT Nov 29

*SUP 1: $61.91 - Low Nov 25

*SUP 2: $61.02 - Low Nov 21

*SUP 3: $59.44 - Low Nov 20 and key support

*SUP 4: $58.50 - Low Oct 31

BRENT is consolidating and holding onto recent gains. Bullish conditions remain

in place following the strong bounce on Nov 20. This confirmed a resumption of

the uptrend that has been in place since Oct 3. $63,10, 61.8% of the decline

between Sep 16 - Oct 3 has been achieved, an extension higher would open the

76.4% retracement at $64.98. Key support to watch has been defined at $59.44.