ICE GASOIL: (K18) $601.25 Remains Key.....>

OIL TECHS: ICE GASOIL: (K18) $601.25 Remains Key Support

*RES 4: $630.50 - 2018 High Jan 25 (Cont)

*RES 3: $625.63 - Bollinger band top

*RES 2: $624.00 - High Mar 27

*RES 1: $619.75 - Hourly resistance Mar 27

*PRICE: $613.25 @ 0430GMT

*SUP 1: $608.00 - Hourly support Mar 23 

*SUP 2: $601.25 - Alternating daily support/resistance 

*SUP 3: $591.25 - Hourly support Mar 20 

*SUP 4: $590.29 - 55-DMA

*COMMENTARY: The lack of topside follow through Tuesday is a concern for bulls

when combined with daily studies correcting from O/B and the Bollinger top

limiting follow through. Bears now look for a close below $608.00 to gain

breathing room and below $601.25 to shift initial focus back to the 55-DMA and

hint at a move back to $558.75-563.75. Bulls still need a close above $624.00 to

reconfirm bullish momentum.