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ICE GASOIL: (M18) $666.50 Support Key.....>

OIL TECHS
OIL TECHS: ICE GASOIL: (M18) $666.50 Support Key Today
*RES 4: $732.75 - High Nov 11 2014 (Cont)
*RES 3: $717.00 - Low Nov 21 2014 (Cont) now resistance
*RES 2: $686.50 - Low Nov 26 2014 (Cont) now resistance
*RES 1: $679.50 - 2018 High May 11
*PRICE: $674.00 @ 0430GMT
*SUP 1: $672.25 - Low May 11 
*SUP 2: $666.50 - Hourly support May 9 
*SUP 3: $658.75 - Hourly support May 8 
*SUP 4: $654.25 - Hourly resistance May 8 now support
*COMMENTARY: Dips finding support around the 21-DMA ($649.57) provided the base
for a rally to fresh 2018 & 3+ year highs with the pair currently flirting with
the bull channel top ($673.42) and immediate focus on $686.50. A close above
this level is needed to shift immediate focus to $717.00-732.75. Bears now need
a close below $666.50 to ease bullish pressure and below $636.25 to shift
initial focus to $619.50.

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