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ICE GASOIL (J19): Looking For Direction...>

OIL TECHS
OIL TECHS: ICE GASOIL (J19): Looking For Direction 
*RES 4: $673.75 - High Nov 8, 2018 
*RES 3: $649.49 - 61.8% Retracement (752.25 Oct high-483.25 Dec low) 
*RES 2: $626.70/629.50 - 200-dma/High Mar 1 
*RES 1: $620.25 - High Mar 21 
*PRICE: $608.00 @ 06:07 GMT Apr 1 
*SUP 1: $597.47/595.25 - 50-dma/Low Mar 22 
*SUP 2: $587.75/580.99 - High Feb 4/100-dma 
*SUP 3: $567.25 - Low Feb 7 
*SUP 4: $553.25 - Low Jan 28 
Gasoil futures continue to trade in a tight well defined range with bulls
needing a push above the March 21 high to suggest a potential bull flag
breakout. Above here would open the key 200-dma/March 1 high at $626.70/629.50
ahead of a run at the 61.8% retracement level. Bears need a break below the Mar
22 low at $595.25 to suggest a bearish reversal, opening the Feb 4 high &
100-dma at $587.75/581.51.

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