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BRENT TECHS: (N19): Recovery Extends *RES 4:.........>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: (N19): Recovery Extends
*RES 4: $74.75 - High Apr 25 
*RES 3: $73.40 - High May 20 
*RES 2: $70.86 - 21-dma 
*RES 1: $70.23 - High May 27 
*PRICE: $69.93 @ 02:57 GMT May 28 
*SUP 1: $67.02 - Low May 23 
*SUP 2: $65.59 - Low March 28 
*SUP 3: $63.91 - Low March 8 
*SUP 4: $63.00 - 50% retracement of Dec-April rally 
Brent futures recovered the 55-dma and the $70 level yesterday to shift the
focus back to the 21-dma at $70.86. A break above here would put the focus back
on the May 20 high at $73.40. For bears a close back below the 200-dma at $68.69
would return the focus to Thursday's low at $67.20, below which would open the
March 28 low down at $65.59.

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