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ICE GASOIL (K19): Key Support At Risk.....>

OIL TECHS
OIL TECHS: ICE GASOIL (K19): Key Support At Risk
*RES 4: $697.75 - High Oct 26, 2018 
*RES 3: $678.00 - Low Oct 25, 2018 
*RES 2: $672.75 - High Nov 8, 2018 
*RES 1: $651.00/50 - High Apr 22/Low Nov 6, 2018 
*PRICE: $628.25 @ 05:48 GMT Apr 30
*SUP 1: $619.50/618.00/616.66 - Low Apr 26/Uptrend support from Feb lows/55-dma 
*SUP 2: $610.25/615.55 - Low April 4
*SUP 3: $596.25/593.25 - Low Mar 28/Low Mar 8 
*SUP 4: $587.25/588.53 - High Feb 4/100-dma 
Gasoil futures sit just above a key support area marking Friday's low, uptrend
support from the Feb lows, and the 55-dma at $619.50/618.00/616.66. A close
below here would suggest a bearish reversal down to the April 4 low at $610.25.
Bulls' focus remains on the $650 area with a close above the April 22 high and
the Nov 6 low at $651.00/50 needed to open the Nov 8 high at $672.75.

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