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BRENT TECHS: (V18) Consolidating Gains *RES 4:.......>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: (V18) Consolidating Gains
*RES 4: $79.59 - High May 22 
*RES 3: $79.25 - High July 7 
*RES 2: $78.87 - Bear channel top 
*RES 1: $75.79 - High July 30 
*PRICE: $74.79 @ 03:40 GMT 
*SUP 1: $73.22 - 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 had a quiet day yesterday as it consolidated the sizeable gains seen
Wednesday. Bulls remain in charge with their sight firmly set on the July 30
high ahead of a run at the bear channel top currently at $78.87. Bears need a
drop back below $73 to shift the focus lower once again and target the August 15
low at $70.30 and the 200-dma, currently at $69.10.

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