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ICE GASOIL (F19) Floating Above Year....>

COMMODITIES
COMMODITIES: ICE GASOIL (F19) Floating Above Year Lows
*RES 4: $700.00 - Resistance
*RES 3: $654.18 - 200-dma
*RES 2: $618.17 - 38.2% Retracement of decline from $749.50
*RES 1: $555.90 - 21-dma
*PRICE: $507.75 @ 15:21 GMT Dec 27
*SUP 1: $500.00 - Support
*SUP 2: $490.00 - Triangle breakout target
*SUP 3: $460.00 - Up trendline support from 2016 lows
*SUP 4: $441.50 - Low July 23 2016
Jan-19 Gasoil halted their selloff today as the $500 level comes into focus.
Below here opens the triangle breakout target down at $490, while 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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