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ICE BRENT: (F18) $62.87 Support Remains...>

OIL TECHS
OIL TECHS: ICE BRENT: (F18) $62.87 Support Remains Key
*RES 4: $66.36 - Monthly High June 10 2015 
*RES 3: $66.11 - 200-WMA 
*RES 2: $64.65 - 2017 High Nov 7 
*RES 1: $64.28 - Hourly resistance Nov 7
*PRICE: $63.57 @ 0320GMT
*SUP 1: $62.87 - Hourly support Nov 6a 
*SUP 2: $62.08 - Low Nov 6 
*SUP 3: $61.70 - High Nov 1 now support 
*SUP 4: $61.14 - Hourly resistance Nov 3 now support
*COMMENTARY: Fresh 2017 and 2+ year highs continue although follow through is a
little lacking which is a concern when combined with momentum divergence and O/B
studies looking to correct. Bears continue to look for a close below $62.87 to
ease bullish pressure and below $61.70 to hint at a correction back to
$59.29-82. While $62.87 supports bulls remain focused on a test of the 200-WMA.

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