ICE BRENT: (K18) Flirting With 21 &.......>

OIL TECHS: ICE BRENT: (K18) Flirting With 21 & 55-DMAs

*RES 4: $67.52 - Low Jan 31 now resistance 

*RES 3: $66.19 - Low Feb 6 now resistance 

*RES 2: $67.52 - Low Jan 31 now resistance 

*RES 1: $66.29 - High Feb 22

*PRICE: $66.09 @ 0430GMT

*SUP 1: $65.61 - High Feb 19 now support 

*SUP 2: $64.21 - Low Feb 21 

*SUP 3: $63.86 - Low Feb 16 

*SUP 4: $63.19 - 100-DMA

*COMMENTARY: K18 is currently flirting with 21 & 55-DMAs ($65.91) with the

$67.52 resistance remaining key. Bulls now need a close above $66.29 to confirm

breaks of DMAs and above $67.52 to shift initial focus back to $69.72-70.35.

Initial support is noted at $65.61 with bears needing a close below to gain

breathing room. A close below $63.86 remains needed to shift focus back to

$60.56-61.48 where 2018 lows are noted.