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ICE BRENT: (K18) Immediate Focus Back.....>

OIL TECHS: ICE BRENT: (K18) Immediate Focus Back On $63.86
*RES 4: $67.67 - High Feb 26 
*RES 3: $66.81 - Hourly resistance Feb 27 
*RES 2: $66.18 - 55-DMA 
*RES 1: $65.12 - Hourly support Feb 28 now resistance
*PRICE: $64.74 @ 0430GMT
*SUP 1: $64.21 - Low Feb 21 
*SUP 2: $63.86 - Low Feb 16 
*SUP 3: $63.62 - 100-DMA 
*SUP 4: $61.44 - 2018 Low Feb 13
*COMMENTARY: Follow was lacking on the break of $67.52 with correcting O/B
studies and momentum divergence now taking its toll. The close below $65.57
hints 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 the 55-DMA to gain
breathing room and 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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