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ICE BRENT: (K18) $65.69-67.52.............>

OIL TECHS
OIL TECHS: ICE BRENT: (K18) $65.69-67.52 Resistance Now Key
*RES 4: $67.52 - Low Jan 31 now resistance 
*RES 3: $66.44 - 21-DMA 
*RES 2: $66.19 - Low Feb 6 now resistance 
*RES 1: $65.69 - 55-DMA
*PRICE: $65.12 @ 0430GMT
*SUP 1: $64.52 - Hourly support Feb 16 
*SUP 2: $63.86 - Low Feb 16 
*SUP 3: $62.87 - 100-DMA 
*SUP 4: $61.44 - 2018 Low Feb 13
*COMMENTARY: Bulls took comfort in the rally Wednesday that sees K18 trading
back above the 200-WMA ($64.38). Layers of resistance remain $65.69-67.52 with
bulls needing a close above $67.52 to shift initial focus back to $69.20-70.35.
Bears now need a close below $63.86 to ease renewed bullish pressure. Overall
below $60.56 shifts focus to $57.44-59.15 where the 200-DMA is situated.

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