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ICE BRENT: (F18) $59.82-60.71 Support.....>

OIL TECHS
OIL TECHS: ICE BRENT: (F18) $59.82-60.71 Support Region Key
*RES 4: $63.95 - High June 25 2015 
*RES 3: $62.55 - Daily Bull channel top B 
*RES 2: $61.67 - Low June 5 2015 now support 
*RES 1: $61.25 - 2017 High Nov 1, Hourly resistance Nov 1
*PRICE: $61.17 @ 0430GMT
*SUP 1: $60.71 - Hourly support Oct 31 
*SUP 2: $60.25 - Low Oct 31 
*SUP 3: $59.82 - Hourly resistance Oct 27 now support 
*SUP 4: $59.29 - High Oct 26 now support
*COMMENTARY: Bulls reconfirmed dominance with a close above $58.50 that now sees
focus on the daily bull channel top off Aug 31 lows coming in around $62.55
today. O/B daily studies remain a concern for bulls but layers of support
accumulating continue to add to bullish confidence. Bears now need a close below
$60.71 to ease immediate bullish pressure and below $59.82 to shift immediate
focus back to $58.50.

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