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ICE BRENT: (M18) $68.46-69.52.............>

OIL TECHS
OIL TECHS: ICE BRENT: (M18) $68.46-69.52 Resistance Key
*RES 4: $70.40 - High Mar 26 
*RES 3: $70.04 - High Apr 2 
*RES 2: $69.52 - Hourly support Apr 2 now resistance 
*RES 1: $68.46 - High Apr 3
*PRICE: $67.94 @ 0340GMT
*SUP 1: $67.17 - Low Mar 21 
*SUP 2: $66.88 - 21-DMA 
*SUP 3: $66.42 - 55-DMA 
*SUP 4: $65.18 - 100-DMA
*COMMENTARY: Topside hesitation combined with correcting O/B studies took its
toll with a selloff that sees pressure back on 21 & 55-DMAs. Bears need a close
below the 55-DMA to hint at a move back to $61.21 with a close below the 100-DMA
needed to confirm. Bulls now look for a close above $68.46 to gain breathing
room and above $69.52 to shift focus back to $70.40-71.28 where 2018 highs are
located.

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