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ICE BRENT: (Z17) Focus Back On $57.28.....>

OIL TECHS
OIL TECHS: ICE BRENT: (Z17) Focus Back On $57.28
*RES 4: $58.34 - High Sept 27 
*RES 3: $58.15 - Bollinger band top 
*RES 2: $57.28 - Hourly support Sept 28 now resistance 
*RES 1: $57.09 - High Oct 11
*PRICE: $56.59 @ 0430GMT
*SUP 1: $56.14 - Low Oct 11 
*SUP 2: $55.98 - High Oct 9 now support 
*SUP 3: $55.55 - Hourly support Oct 9 
*SUP 4: $55.06 - Low Oct 9
*COMMENTARY: Bears have failed to capitalise on the most recent sell-off from
$57.28 with the recovery from the week's low seeing pressure back on $57.28.
Bulls continue to look for a close above $57.28 to confirm focus on $58.34-88
where Sept highs are located. Layers of support are building but bears still
need a close below $55.98 to ease pressure on $57.28 and shift immediate focus
back to $55.06.

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