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ICE GASOIL: (K18) Topside Follow..........>

OIL TECHS
OIL TECHS: ICE GASOIL: (K18) Topside Follow Through Lacking
*RES 4: $667.66 - Bollinger band top
*RES 3: $661.48 - Daily Bull channel top
*RES 2: $659.75 - High Apr 26
*RES 1: $657.25 - Hourly resistance Apr 26
*PRICE: $654.50 @ 0430GMT
*SUP 1: $650.75 - Alternating daily support/resistance 
*SUP 2: $643.75 - Low Apr 25 
*SUP 3: $640.25 - Low Apr 23 
*SUP 4: $636.00 - Low Apr 20
*COMMENTARY: The contract continues to hesitate around a bull channel top and
the Bollinger top and currently looks gently offered. Bears now need a close
below $650.75 to gain breathing room and hint at a correction initially
targeting $631.86-640.25 where the 21-DMA is located. While $650.75 supports
bulls remain focused on bull channel tops $661.48-670.34. Correcting O/B studies
remain a concern for bulls.

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