ICE GASOIL (N19): Bulls eye 61.8%.........>

OIL TECHS: ICE GASOIL (N19): Bulls eye 61.8% retracement

*RES 4: $631.68 - 76.4% retracement of the May 16-Jun 5 low

*RES 3: $625.25 - May 28 high

*RES 2: $613.54 - 61.8% retracement of the May 16-Jun 5 low

*RES 1: $607.75 - Intraday high

*PRICE: $606.25 @ 07:02 BST Jul 11

*SUP 1: $600.00 - Round number support

*SUP 2: $575.77 - Trendline support drawn off the low of Jun 18

*SUP 3: $567.75 - Low Jul 3

*SUP 4: $564.00 - Low Jun 20

Gasoil has also resumed its uptrend breaking above the high of Jul 1 at $605.00.

The move higher has again exposed the 61.8% retracement of the May 16-Jun 5

decline at $613.54. With momentum studies back in a bullish position too, a

break of this retracement would open $625.25 and $631.68. The latter is the

76.4% retracement level. On the downside, support has been defined at

yesterday's low of $581.75. Look for the upside to extend.