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BRENT TECHS: (M19): Cleanly Above $70 *RES 4:.......>

BRENT TECHS: (M19): Cleanly Above $70 
*RES 4: $75.36 - Low Oct 25 
*RES 3: $73.85 - High Nov 5
*RES 2: $73.00 - Channel top
*RES 1: $71.77 - 61.8% retracement 
*PRICE: $70.66 @ 05:38 GMT Apr 8 
*SUP 1: $69.11/68.87 - 200-dma/Low Apr 4 
*SUP 2: $65.93/89 - Low March 28/50-dma 
*SUP 3: $64.02/63.81/63.63 - Low Mar 8/23.6% retracement/High Feb 4 
*SUP 4: $63.02 - 100-dma
Brent futures closed cleanly above the $70 level on Friday strengthening the
uptrend and shifting the focus to the 61.8% retracement of the Oct-Dec decline
at $71.77. Above here opens the channel top which currently comes in at $73.00.
Bears now look for a break below the 200-dma at $69.11 and Thursday's low at
$68.87 to suggest a deeper pullback to the March 28 low at $65.93. 

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