Brent (ICE) (Z5) ST: under pressure.

Pivot: 66.60

Our preference: short positions below 66.60 with targets at 60.80 & 58.50 in extension.

Alternative scenario: above 66.60 look for further upside with 70.70 & 73.60 as targets.

Comment: the RSI is bearish and calls for further downside.

Supports and resistances:

73.60 **

70.70 ***

66.60 ***

62.29 Last

60.80 ***

58.50 ***

55.00 ***