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ICE GASOIL: (F19) Short-Term Uptrend......>

OIL TECHS
OIL TECHS: ICE GASOIL: (F19) Short-Term Uptrend Holds For Now
*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: $559.00 @ 05:46 GMT 
*SUP 1: $550.25 - Low Dec 11 
*SUP 2: $543.75 - Low Nov 30 
*SUP 3: $538.00 - Feb 14 
*SUP 4: $460.00 - Up trendline support from 2016 lows 
Jan-19 Gasoil futures respected up trendline support from the Nov 30 lows
yesterday keeping the near-term outlook neutral albeit within a broader bearish
trend. A break below Tuesday's low at $550.25 would open 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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