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ICE GASOIL: (K18) Bears Need Close........>

OIL TECHS
OIL TECHS: ICE GASOIL: (K18) Bears Need Close Below 21-DMA
*RES 4: $601.25 - Low Jan 19 now resistance
*RES 3: $595.87 - Bollinger band top
*RES 2: $588.58 - 55-DMA
*RES 1: $586.00 - High Mar 19
*PRICE: $584.75 @ 0430GMT
*SUP 1: $582.00 - Hourly support 19 Mar 18 
*SUP 2: $577.69 - 21-DMA 
*SUP 3: $572.25 - Low Mar 15 
*SUP 4: $563.75 - Low Mar 12
*COMMENTARY: Bulls take comfort in Friday's rally with the 55-DMA-601.25
resistance region key this week. Bulls need a close above $601.25 to end bearish
hopes and confirm focus on $623.50-630.50 where 2018 & monthly highs are
located. The 21-DMA is now initial support with bears needing a close below to
ease bullish pressure and below $558.75 to shift focus back to $543.50 Feb lows.

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