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

OIL TECHS
OIL TECHS: ICE GASOIL: (K18) Bears Now Need Close Below $648.75
*RES 4: $668.19 - Daily Bull channel top
*RES 3: $661.00 - High Nov 28 2014 (Cont)
*RES 2: $658.81 - Bollinger band top
*RES 1: $656.25 - 2018 Apr 23
*PRICE: $654.00 @ 0430GMT
*SUP 1: $651.75 - High Apr 19 now support 
*SUP 2: $648.75 - High Apr 20 now support 
*SUP 3: $640.25 - Low Apr 23 
*SUP 4: $636.00 - Low Apr 20
*COMMENTARY: Support emerged on the dip Friday with gains Monday seeing fresh
2018 & 4+yr highs. Immediate bullish focus remains on the daily bull channel
top. O/B studies, daily momentum divergence and the proximity of the Bollinger
top are all key concerns for bulls. Bears now need a close below $648.75 to gain
breathing room and below $632.50 to shift focus initial back to $623.00-626.44
where the 21-DMA is noted.

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