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Recent Gains Considered Corrective


Trend Needle Points North Despite Recent Pullback


Trend Needle Points North Despite Recent Pullback


Late SOFR/Treasury Option Roundup

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ICE GASOIL (H20): Key Resistance At.......>

OIL TECHS: ICE GASOIL (H20): Key Resistance At $514.75 Probed
*RES 4: $566.00 - High Jan 22
*RES 3: $552.75 - High Jan 23
*RES 2: $531.75 - High Jan 29 and key near-term resistance
*RES 1: $515.00 - High Feb 12
*PRICE: $508.50 @ 07:14 GMT Feb 13
*SUP 1: $490.50 - Low Feb 10
*SUP 2: $481.25 - Low Feb 3 and key support
*SUP 3: $472.38 - 161.8% retracement projection of the Oct 3 - Jan 6 high
*SUP 4: $457.23 - 176.4% retracement projection of the Oct 3 - Jan 6 high
GASOIL bounced last week off the Jan 3 low of $481.25 signalling the onset of a
possible correction. Whether the move higher develops into a stronger correction
though remains to be seen. Attention is on resistance at $514.75, the Feb 6 high
that was probed yesterday. A clear break would signal scope for an extension
higher and open $532.75, Jan 29 high. Key support has been defined at last
week's $481.25 low. A break would resume the recent sell-off.

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