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ICE GASOIL (F19) Flirting with $500.....>

COMMODITIES
COMMODITIES: ICE GASOIL (F19) Flirting with $500
*RES 4: $700.00 - Resistance
*RES 3: $653.59 - 200-dma
*RES 2: $618.17 - 38.2% Retracement of decline from $749.50
*RES 1: $541.36 - 21-dma
*PRICE: $502.75 @ 11:01 GMT Dec 31
*SUP 1: $483.25 - Dec 26 low
*SUP 2: $460.00 - Up trendline support from 2016 lows
*SUP 3: $441.50 - Low July 23 2016
Jan-19 Gasoil fell through the $500 level just before Christmas and has
continued to flirt with that level since. Long term uptrend support from the
2016 lows comes in at $460. Bulls need to break above the 21-dma to improve the
outlook and open the 38.2% retracement level at $618.17.

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