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BRENT TECHS: (X18) Itching To Break Out *RES 4:......>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: (X18) Itching To Break Out
*RES 4: $95.00 - Channel top 
*RES 3: $90.00 - Resistance 
*RES 2: $87.00 - Measured move breakout target
*RES 1: $80.00 - Resistance 
*PRICE: $79.36 @ 05:37 GMT 
*SUP 1: $75.97 - 21-dma 
*SUP 2: $75.15 - 55-dma 
*SUP 3: $70.67 - Low August 15 
*SUP 4: $69.24 - Low April 18 
Yesterday's strong rally in Nov-18 Brent futures came within a whisker of the
Sep 4 high and the strong close suggests a retest of the $79.72/80.00 area is
likely. Above here would open up clear territory and suggest a continuation of
the long term bullish trend, with the next target coming in at $85. Bears need
to push below $77.50 to target the 21 and 55-dmas to keep alive hopes of a
larger topping pattern.

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