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ICE BRENT: (Z17) Bulls Focused On 2017....>

OIL TECHS
OIL TECHS: ICE BRENT: (Z17) Bulls Focused On 2017 High
*RES 4: $61.16 - Monthly High Nov 3 2015 
*RES 3: $60.09 - 2017 High Jan 3 
*RES 2: $59.20 - High Jan 6 
*RES 1: $58.95 - Daily Bull channel top
*PRICE: $58.76 @ 0255GMT
*SUP 1: $58.03 - Hourly resistance Sept 25 now support 
*SUP 2: $57.35 - Hourly resistance Sept 25a now support 
*SUP 3: $56.47 - High Sept 22 now support 
*SUP 4: $55.89 - Low Sept 22
*COMMENTARY: Bulls took out the original bull channel top Monday with focus now
confirmed on 2017 highs and the Nov 2015 monthly highs above. O/B daily studies
and the Bollinger top are key concerns for bulls. Layers of support are
accumulating with bears now needing a close below $58.03 to ease immediate
bullish pressure and below $57.35 to shift focus back to $55.89.

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