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

OIL TECHS: ICE GASOIL: (K18) Bulls Need Close Above $613.25

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

*RES 3: $624.00 - High Mar 27

*RES 2: $618.25 - Hourly support Apr 2 now resistance

*RES 1: $613.25 - High Apr 3

*PRICE: $604.75 @ 0430GMT

*SUP 1: $599.00 - Low Apr 4 

*SUP 2: $596.38 - 21-DMA 

*SUP 3: $590.33 - 55-DMA 

*SUP 4: $582.98 - 100-DMA

*COMMENTARY: The break of $601.25 lacked follow through with the contract

bouncing aggressively from ahead of key DMAs $582.98-596.38. Correcting O/B

daily studies have recently weighed. Bulls continue to look for a close above

$613.25 to gain breathing room and above $618.25 to focus on $624.00-630.00.

Bears now need a close below the 55-DMA to ease bullish pressure and below the

100-DMA to target $558.75-563.75.