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ICE BRENT: (Z17) Bollinger Top Limiting...>

OIL TECHS
OIL TECHS: ICE BRENT: (Z17) Bollinger Top Limiting Follow Through
*RES 4: $56.43 - Daily Bull channel top 
*RES 3: $55.66 - High Sept 14 
*RES 2: $55.52 - Bollinger band top 
*RES 1: $55.11 - Hourly support Sept 14 now resistance
*PRICE: $54.91 @ 0430GMT
*SUP 1: $54.52 - Hourly support Sept 13 
*SUP 2: $54.10 - Hourly support Sept 13a 
*SUP 3: $53.82 - Low Sept 13 
*SUP 4: $53.28 - Low Sept 12
*COMMENTARY: Fresh 4mth highs lacked follow through Thursday with the Bollinger
top and O/B studies remaining key concerns for bulls. Support layers are
starting to build leaving the contract looking a little heavy. Bears continue to
look for a close below $54.52 to gain breathing room and below $54.10 to return
pressure to support layers $52.87-53.28. Bulls need a close above $55.11 today
to gain breathing room and above $55.66 to reconfirm a bullish bias.

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