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ICE GASOIL: (Q18) $658.50 Resistance......>

OIL TECHS
OIL TECHS: ICE GASOIL: (Q18) $658.50 Resistance Key Today
*RES 4: $658.50 - Low June 13 now resistance
*RES 3: $657.71 - 21-DMA
*RES 2: $657.05 - 55-DMA
*RES 1: $651.25 - High June 22
*PRICE: $644.25 @ 0430GMT
*SUP 1: $636.75 - Hourly support June 22 
*SUP 2: $632.00 - Low June 21 
*SUP 3: $622.70 - 100-DMA 
*SUP 4: $615.75 - Low Apr 17
*COMMENTARY: Pressure on $657.05-658.65 where 21 & 55-DMAs are situated failed
to produce a break higher with bears now focused on $615.75-622.70 where the
100-DMA and bear channel base are located. The Bollinger base ($633.25) remains
the key concern for bears. Bulls now look for a close above $658.50 to gain
breathing room and above $672.00 to end bearish hopes and shift immediate focus
to $688.25-700.00.

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