ICE BRENT: (M18) Hesitating Around........>

OIL TECHS: ICE BRENT: (M18) Hesitating Around 55-DMA, 21-DMA Support Key

*RES 4: $69.36 - High Feb 2 

*RES 3: $67.40 - High Feb 26 

*RES 2: $67.06 - Bollinger band top 

*RES 1: $66.18 - 55-DMA

*PRICE: $64.86 @ 0340GMT

*SUP 1: $65.65 - Hourly support Mar 19 

*SUP 2: $65.16 - 21-DMA 

*SUP 3: $64.45 - Low Mar 15 

*SUP 4: $63.92 - Low Mar 14

*COMMENTARY: Support around the 100-DMA ($64.41) provided the base for a

marginal pop above the 55-DMA Friday although follow through has been lacking.

Bulls look for a close above the 55-DMA to confirm initial focus on $67.40 with

the Bollinger top their key concern. Bears now need a close below the 21-DMA to

ease pressure on the 55-DMA and below $62.52 to confirm focus on $60.43-61.21

where 2018 lows are situated.