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ICE BRENT: (G18) Bears Need Close Below...>

OIL TECHS
OIL TECHS: ICE BRENT: (G18) Bears Need Close Below 21-DMA
*RES 4: $65.76 - 200-WMA 
*RES 3: $64.69 - Bollinger band top 
*RES 2: $64.41 - High Nov 8 
*RES 1: $63.58 - High Nov 27
*PRICE: $63.16 @ 0430GMT
*SUP 1: $62.57 - Low Nov 23 
*SUP 2: $62.49 - 21-DMA 
*SUP 3: $62.26 - Hourly support Nov 21 
*SUP 4: $61.92 - Low Nov 21
*COMMENTARY: The recovery from dips back to the 21-DMA and $61.00 level sees
bulls currently focused on $64.41 and overall focus on the 200-WMA ($65.77).
Layers of support remain. Bears now need a close below the 21-DMA to ease
bullish pressure and below $61.00 to pressure the bull channel base ($60.10).
Bulls need a close above $63.58 to ease pressure on the 21-DMA and retain focus
on $64.41.

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