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ICE BRENT: (K18) Bears Need Close Below...>

OIL TECHS: ICE BRENT: (K18) Bears Need Close Below $65.57
*RES 4: $70.35 - 2018 High Jan 25 
*RES 3: $69.72 - High Feb 2 
*RES 2: $67.67 - High Feb 26 
*RES 1: $66.81 - Hourly resistance Feb 27
*PRICE: $66.26 @ 0340GMT
*SUP 1: $66.16 - 55-DMA 
*SUP 2: $65.57 - Low Feb 23 
*SUP 3: $64.21 - Low Feb 21 
*SUP 4: $63.86 - Low Feb 16
*COMMENTARY: Follow was lacking on the break of $67.52 with correcting O/B
studies and momentum divergence now taking its toll. Bears continue to look for
a close below $65.57 to hint at a move back to $61.48 with below $63.86 to
confirm. Layers of resistance are building with bulls now needing a close above
$67.67 to add support to the case for a test of $69.72-70.35 where 2018 highs
are situated.

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