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BRENT TECHS: (V18) Channel Top In Focus *RES 4:.....>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: (V18) Channel Top In Focus 
*RES 4: $80.00 - Resistance 
*RES 3: $79.59 - High May 22
*RES 2: $79.25 - High July 10 
*RES 1: $78.87 - Bear channel top 
*PRICE: $75.74 @ 04:30 GMT 
*SUP 1: $73.30 - 21-dma 
*SUP 2: $73.00 - Downtrend resistance now support 
*SUP 3: $70.30 - Low August 15 
*SUP 4: $69.64 - Low April 18 
Brent's recovery last week was impressive and ended on a strong note having
taken out the July 30 highs. Focus now turns to the bear channel top which comes
in at $78.87, and a break above this would put the May 22 high of $79.59 in
focus. Bears need to break back below the 21-dma to shift the focus lower once
again and target the August 15 low at $70.30 and the 200-dma, currently at
$69.19.

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