ICE GASOIL (H19): Pullback Proves Short...>

OIL TECHS: ICE GASOIL (H19): Pullback Proves Short Lived

*RES 4: $700.00 - Resistance 

*RES 3: $668.00 - Low Nov 5 (continuation chart) 

*RES 2: $639.03 - 200-dma (continuation chart) 

*RES 1: $626.25 - High Feb 22 

*PRICE: $616.50 @ 05:03 GMT Feb 27 

*SUP 1: $597.14 - 21-dma (continuation chart) 

*SUP 2: $552.50 - Jan 28 Low 

*SUP 3: $483.25 - Dec 26 low (continuation chart) 

*SUP 4: $402.50 - Low July 21 2016 (continuation chart) 

Gasoil futures have bounced back from Monday's pullback putting the focus back

on Friday's high at $626.25 to reignite upside momentum and open a run at the

200-dma at $639.03. Above here would suggest a resumption of the broader bull

market. To change the outlook bears target the 21-dma which comes in at $597.14.

The Jan 28 low at $552.50 comes in below here, and a bearish break would return

to the focus to the Dec 26 lows.