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ICE BRENT: (K18) Bears Now Targeting......>

OIL TECHS: ICE BRENT: (K18) Bears Now Targeting $60.56-61.44
*RES 4: $66.81 - Hourly resistance Feb 27 
*RES 3: $66.21 - 55-DMA 
*RES 2: $65.12 - Hourly support Feb 28 now resistance 
*RES 1: $64.43 - Hourly support Mar 1 now resistance
*PRICE: $63.91 @ 0340GMT
*SUP 1: $63.19 - Low Mar 1 
*SUP 2: $61.44 - 2018 Low Feb 13 
*SUP 3: $60.56 - Low Nov 17 
*SUP 4: $59.15 - Low Oct 30
*COMMENTARY: Follow was lacking on the break of $67.52 with correcting O/B
studies and momentum divergence taking its toll. The close below $65.57 hints at
a move back to $61.48 with losses Thursday confirming. Bulls now look for a
close above $65.12 to gain breathing room and above the 55-DMA to shift focus
back to $67.67 whose topside failure provided the impetus for the current leg

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