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ICE GASOIL: (M18) Bears Need Close........>

OIL TECHS
OIL TECHS: ICE GASOIL: (M18) Bears Need Close Below $679.50
*RES 4: $755.75 - High Nov 10 2014 (Cont)
*RES 3: $732.75 - High Nov 11 2014 (Cont)
*RES 2: $717.00 - Low Nov 21 2014 (Cont) now resistance
*RES 1: $692.25 - 2018 High May 15
*PRICE: $683.50 @ 0430GMT
*SUP 1: $679.50 - 2018 High May 11 now support 
*SUP 2: $672.25 - Low May 11 
*SUP 3: $666.50 - Hourly support May 9 
*SUP 4: $658.75 - Hourly support May 8
*COMMENTARY: Fresh 2018 & 3+yr highs continue with bulls now focused on
$732.75-755.75 last seen in Nov 2014. O/B studies and the Bollinger top
($688.08) remain key concerns for bulls. Bears now need a close below $679.50 to
ease immediate bullish pressure and below $654.25 to confirm a break of the
21-DMA ($655.51) and initially pressure $636.25.

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