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ICE GASOIL (M19): Holding Above $650......>

OIL TECHS
OIL TECHS: ICE GASOIL (M19): Holding Above $650
*RES 4: $697.75 - High Oct 25, 2018 
*RES 3: $681.92 - 76.4% retracement of Oct-Dec decline 
*RES 2: $672.75 - High Nov 8, 2018 
*RES 1: $666.75 - High May 16 
*PRICE: $656.50 @ 01:08 GMT May 20 
*SUP 1: $649.75 - Low May 17
*SUP 2: $626.44/623.93/623.50 - 55-dma/200-dma/Low May 7 
*SUP 3: $620.75 - Low April 26 
*SUP 4: $598.50 - Low March 28 
Gasoil futures are holding above the $650 level despite a brief break below here
on Friday to keep the broader focus on the upside. Bulls look to take out
Thursday's high at $666.75 to open the Nov 8 high at $672.75 ahead of the 76.4%
retracement of the Oct-Dec decline at $681.98. A downside break of Friday's low
at $649.75 would open the 55-dma/200-dma/May 7 low.

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