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ICE GASOIL: (J18) $604.25 Resistance......>

OIL TECHS
OIL TECHS: ICE GASOIL: (J18) $604.25 Resistance Remains Unchallenged
*RES 4: $630.50 - 2018 High Jan 26 (Cont)
*RES 3: $628.25 - High Jan 25
*RES 2: $604.25 - Low Jan 19 now resistance
*RES 1: $596.75 - Hourly resistance Feb 27
*PRICE: $591.00 @ 0430GMT
*SUP 1: $588.25 - High Feb 22 now support 
*SUP 2: $582.00 - Low Feb 23 
*SUP 3: $572.50 - Low Feb 21 
*SUP 4: $567.88 - 100-DMA
*COMMENTARY: Hesitation ahead of the key $604.25 resistance is taking its toll
and hints at a break lower when combined with correcting O/B daily studies.
Bears continue to look for a close below $588.25 to gain breathing room and
below $582.00 to shift initial focus back to the 100-DMA ($570.62) with below
needed to target $542.00-554.25. Bulls still need a close above $604.25 to
confirm focus on $628.25-630.50.

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