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ICE GASOIL (H19): Marginal new High.......>

OIL TECHS
OIL TECHS: ICE GASOIL (H19): Marginal new High
*RES 4: $700.00 - Resistance 
*RES 3: $668.00 - Low Nov 5 (continuation chart) 
*RES 2: $638.32 - 200-dma (continuation chart) 
*RES 1: $627.75 - High Feb 28 
*PRICE: $627.00 @ 04:22 GMT Mar 1  
*SUP 1: $601.70/$604.25 - 21-dma/Feb 26 low 
*SUP 2: $590.75 - High Feb 4
*SUP 3: $552.50 - Jan 28 Low 
*SUP 4: $483.25 - Dec 26 low (continuation chart) 
Gasoil futures rallied above their Feb 22 highs at $626.25 yesterday which now
opens the 200-dma at $638.32. Above here would suggest a resumption of the
broader bull market towards the Nov 5 low at $668.00. To change the outlook
bears target the 21-dma which comes in at $601.70 and the Feb 26 low at $604.25.
Below here opens the Feb 4 high at $590.75 ahead of the Jan 28 low at $552.50.

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