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ICE GASOIL: (F19)Potential Bear Flag......>

OIL TECHS: ICE GASOIL: (F19)Potential Bear Flag
*RES 4: $751.00 - High Oct 3 
*RES 3: $700.00 - Resistance 
*RES 2: $647.89 - 200-dma 
*RES 1: $588.75 - High Dec 4 
*PRICE: $550.50.25 @ 05:43 GMT 
*SUP 1: $543.75 - Low Nov 30 
*SUP 2: $538.00 - Feb 14 
*SUP 3: $460.00 - Up trendline support from 2016 lows 
*SUP 4: $435.25 - Low Jun 21, 2017 
A potential bear flag is forming in Jan-19 Gasoil futures with uptrend support
from the Nov 30 low at $551.00 acting as support. Below here would trigger a
bearish break opening the Nov 30 low at $543.75 ahead of the Feb 14 ytd lows at
$538. Bulls need to break above the Dec 4 highs to open the 200-dma at $647.89
and suggest a bullish reversal. 

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