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BRENT TECHS: (K19): Triangle Top Under Pressure......>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: (K19): Triangle Top Under Pressure
*RES 4: $69.76 - 200-dma 
*RES 3: $67.84 - High Feb 22 
*RES 2: $67.14 - High Mar 1 
*RES 1: $66.60 - Triangle top
*PRICE: $66.24 @ 05:33 GMT Mar 7 
*SUP 1: $65.16 21-dma
*SUP 2: $64.59/49 - Low Mar 1/Low Feb 26 
*SUP 3: $63.63 - High Feb 4 
*SUP 4: $60.64 - Low Feb 7 
Brent futures are within touching distance of the triangle top resistance level
at $66.60 with a break likely to reignite upside momentum. Above here would
bring Friday's high at $67.14 into focus ahead of the Feb 22 high at $67.84.
Bears continue to look for a close below the 21-dma to regain momentum and a
break below the March 1 and Feb 26 lows to suggest a downside reversal to the
Feb 4 high at $63.63.

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