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ICE GASOIL (G19) 50-DMA Back In Focus ....>

OIL TECHS
OIL TECHS: ICE GASOIL (G19) 50-DMA Back In Focus 
*RES 4: $700.00 - Resistance 
*RES 3: $642.00 - 200-dma 
*RES 2: $588.25 - High Dec 7 
*RES 1: $569.26 - 50-dma 
*PRICE: $563.50 @ 05:52 GMT Jan 16 
*SUP 1: $534.37 - 21-dma 
*SUP 2: $483.25 - Dec 26 low 
*SUP 3: $460.00 - Up trendline support from 2016 lows 
*SUP 4: $441.50 - Low July 23 2016 
The recovery in Gasoil futures remains intact with bulls looking for a close
above the 50-dma at $569.26 to open the Dec 7 high at $588.25. The 21-dma acts
as support and bears need to break below to target the Dec 26 lows at $483.25.
Below here opens up trendline support from the 2016 low.

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