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$BRENT Testing the 75 Handle Again
Watching $BRENT very closely around the 75.30-75.50 area. We've seen a few rejections there lately, and today's bounce off 75.31 after hitting 77.56 earlier suggests that level still holds some significance. If it gives way definitively, especially with a daily close below 75, then the prior support looks like it could become resistance, potentially opening up a move lower towards 72-73. For now, it's holding, but that 75-handle seems to be the current pivot point for short-term direction. My read could be wrong if we get a strong break above 78, that would invalidate the current pressure downwards.
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