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ICE GASOIL (J19): Testing Support *RES....>

OIL TECHS
OIL TECHS: ICE GASOIL (J19): Testing Support
*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: $629.50/627.54 - High Mar 1/200-dma 
*RES 1: $620.25 - High Mar 21 
*PRICE: $601.50 @ 05:32 GMT Mar 25 
*SUP 1: $595.25/594.24 - Low Mar 22/50-dma
*SUP 2: $587.75/583.66 - High Feb 4/100-dma 
*SUP 3: $567.25 - Low Feb 2
*SUP 4: $553.25 - Low Jan 28 
Gasoil futures sit just above Friday's low and the 50-dma at $595.25/594.24 with
a downside break suggesting a potential bearish reversal to the Feb 4 high and
100-dma at $587.75/583.66. Below here would shift the focus back to the Feb 2
low. Bulls look to recover Thursday's ytd high at $620.25 to reignite upside
momentum and target the 200-dma/March 1 high at $627.54/629.25.

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