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ICE GASOIL: (K18) 100-DMA Support Key.....>

OIL TECHS: ICE GASOIL: (K18) 100-DMA Support Key This Week
*RES 4: $661.00 - High Nov 28 2014 (Cont)
*RES 3: $630.50 - 2018 High Jan 25 (Cont)
*RES 2: $624.00 - High Mar 27
*RES 1: $618.25 - Hourly support Apr 2 now resistance
*PRICE: $613.75 @ 0430GMT
*SUP 1: $606.75 - Hourly support Apr 9 
*SUP 2: $600.08 - 21-DMA 
*SUP 3: $598.00 - Low Apr 9
*SUP 4: $590.50 - 55-DMA
*COMMENTARY: Bears failed to capitalise on last week's bearish close with the
contract bouncing from ahead of the 21-DMA. Bullish confidence grows on the
break of $613.25 with bulls now focused on the $624.00-630.50 region, a close
above targeting $661.00 last seen in Nov 2014. Bears need a close below $606.75
to gain breathing room. Below $598.00 is needed to hint at a move back to
$558.75.563.75 with below the 100-DMA ($584.16) to confirm.

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