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BRENT TECHS: (X18) Weak Close Gives Bears Some.......>

BRENT TECHS, DOLLAR-SING
BRENT TECHS: (X18) Weak Close Gives Bears Some Hope
*RES 4: $100.0 - Resistance 
*RES 3: $95.00 - Channel top
*RES 2: $90.00 - Resistance 
*RES 1: $80.00 - Resistance 
*PRICE: $78.06 @ 05:00 GMT 
*SUP 1: $74.79 - 21-dma 
*SUP 2: $74.88 - 55-dma 
*SUP 3: $70.67 - Low August 15 
*SUP 4: $69.24 - Low April 18 
The weak close and subsequent fall below $79.00 gives bears some cause for
cheers after a long period of gains. A close below the 21 and 55-dmas is needed
to give bears the edge as the larger positive trend remains intact for now. A
close above $80.00 is needed to reignite bullish momentum and trigger another
leg higher as the contract moves into multi-year high territory.
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