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ICE GASOIL (J19): Stuck In Range *RES.....>

OIL TECHS
OIL TECHS: ICE GASOIL (J19): Stuck In Range
*RES 4: $698.50 - High Oct 26
*RES 3: $653.25 - Low Nov 5 
*RES 2: $629.50/74 - High Mar 1/200-dma
*RES 1: $623.25 - High Mar 7 
*PRICE: $612.00 @ 05:37 GMT Mar 12 
*SUP 1: $596.00 - Low Mar 8 
*SUP 2: $590.94 - 100-dma
*SUP 3: $587.75 - High Feb 4 
*SUP 4: $553.25 - Low Jan 28 
Gasoil futures continue to trade within their three week range with bulls
looking to take out the March 7 high at $623.25 to allow a retest of the 200-dma
and the March 1 high. Above here would suggest a resumption of the broader bull
market. To change the outlook bears look for a close below Friday's low at
$596.00 which would bring the 100-dma into view at $590.94.

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