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: $64.92 - 21-DMA

*PRICE: $64.62 @ 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 closes 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

lower.