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ICE GASOIL: (J18) Bears Need Close........>

OIL TECHS: ICE GASOIL: (J18) Bears Need Close Below $554.25
*RES 4: $591.84 - 55-DMA
*RES 3: $589.00 - Hourly support Feb 28 now resistance
*RES 2: $588.31 - Daily Bear channel top
*RES 1: $582.00 - Low Feb 23 now resistance
*PRICE: $576.75 @ 0430GMT
*SUP 1: $573.50 - Hourly support Mar 9 
*SUP 2: $569.50 - Hourly support Mar 9a 
*SUP 3: $564.50 - Low Mar 8 
*SUP 4: $558.50 - Low Mar 2
*COMMENTARY: Layers of resistance $582.00-604.25 remain key with bulls needing a
close above this region to end bearish hopes and confirm focus on $628.25-630.50
where 2018 & monthly highs are located. Failure to capitalise on dips back
towards $554.25-558.50 are a concern for bears who need a close below $554.25 to
confirm focus on $525.04-542.00 where the 200-DMA is noted.

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