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ICE GASOIL (J19): New YTD Highs Hit.......>

OIL TECHS
OIL TECHS: ICE GASOIL (J19): New YTD Highs Hit
*RES 4: $677.50 - Low Oct 25, 2018 
*RES 3: $673.75 - High Nov 8, 2018 
*RES 2: $651.75 - Low Nov 6
*RES 1: $649.49 - 61.8% Retracement (752.25 Oct high-483.25 Dec low) 
*PRICE: $631.00 @ 05:40 GMT Apr 11 
*SUP 1: $606.30 - 50-dma 
*SUP 2: $595.25 - Low Mar 22 
*SUP 3: $587.75/580.28- High Feb 4/100-dma 
*SUP 4: $567.25 - Low Feb 7 
Gasoil futures extended their rally above the March 1 high yesterday to further
improve the outlook and bring the 61.8% retracement at $649.49 back into play. A
break above here would open the Nov 6 low just above it at $651.75 ahead of the
Nov 8 high. Bears need a break below the 50-dma at $606.30 to open the Mar 22
low at $595.25. A break would suggest a bearish reversal, opening the Feb 4 high
& 100-dma at $587.75/580.28.

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