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ICE GASOIL (M19): Uptrend Support Holds...>

OIL TECHS
OIL TECHS: ICE GASOIL (M19): Uptrend Support Holds Firm
*RES 4: $714.00 - High Oct 18, 2018 
*RES 3: $697.75 - High Oct 25, 2018 
*RES 2: $672.75 - High Nov 8, 2018 
*RES 1: $652.25 - High Apr 23 
*PRICE: $637.00 @ 05:40 GMT May 7 
*SUP 1: $624.18/625.50/625.75 - 200-dma/Low May 6/Uptrend support from Feb lows
*SUP 2: $620.75 - Low April 26
*SUP 3: $598.50 - Low March 28 
*SUP 4: $592.00/589.60 - Low Mar 8 / 38.2% retracement of Dec-April move 
Gasoil futures bounced off of uptrend support from the Feb lows yesterday which
coincides with the 200-dma. The allows the focus to return to the April 23 ytd
high at $652.25 with a break opening the Nov 8, 2018 high at $672.75 ahead of
the Oct 25 high at $697.75. Bears need a break below the 200-dma/May 6
low/uptrend support at $624.18/625.50/625.75 to change the outlook.

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