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ICE BRENT: (M18) $68.93-69.52.............>

OIL TECHS
OIL TECHS: ICE BRENT: (M18) $68.93-69.52 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: $68.93 - High Apr 5
*PRICE: $68.03 @ 0350GMT
*SUP 1: $67.73 - Low Apr 5 
*SUP 2: $67.35 - Hourly resistance Apr 4 now support 
*SUP 3: $66.69 - Low Apr 4 
*SUP 4: $66.42 - 55-DMA
*COMMENTARY: The lack of follow through and bounce from ahead of the 55-DMA
provides bulls hope. Follow through was lacking on Thursday's bounce with bulls
still needing a close above $69.52 to shift focus back to $70.40-71.28 where
2018 highs are located. Bears still need a close below the 55-DMA to hint at a
move back to $61.21 with a close below the 100-DMA ($65.30) needed to confirm.

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