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ICE BRENT: (K18) $63.19 & $67.67 Levels...>

OIL TECHS: ICE BRENT: (K18) $63.19 & $67.67 Levels Key This Week
*RES 4: $67.67 - High Feb 26 
*RES 3: $66.81 - Hourly resistance Feb 27 
*RES 2: $66.47 - 55-DMA 
*RES 1: $66.26 - Daily Bear channel top off 2018 high
*PRICE: $64.80 @ 0340GMT
*SUP 1: $64.11 - Hourly resistance Mar 9a now support 
*SUP 2: $63.43 - Low Mar 8 
*SUP 3: $63.19 - Low Mar 1 
*SUP 4: $61.48 - 2018 Low Feb 9
*COMMENTARY: K18 continues to trade sideways, supported ahead of $63.19 and
capped ahead of the 55-DMA. Bulls look for a close above the 55-DMA to hint at a
move back to $69.72-70.35 with above $67.67 to confirm. Bears continue to look
for a close below $63.19 to confirm a shift in focus to $60.56-61.48 where 2018
lows are situated. If Bollinger bands continue to narrow a breakout will be
likely in the near future.

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