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ICE GASOIL: (Q18) Bollinger Band Top......>

OIL TECHS
OIL TECHS: ICE GASOIL: (Q18) Bollinger Band Top Capping
*RES 4: $684.40 - High May 31
*RES 3: $683.50 - High July 10
*RES 2: $681.00 - Hourly resistance July 10
*RES 1: $675.25 - Hourly support July 10 now resistance
*PRICE: $673.75 @ 0430GMT
*SUP 1: $667.25 - Hourly support July 9 
*SUP 2: $662.96 - 55-DMA 
*SUP 3: $658.06 - 21-DMA 
*SUP 4: $650.75 - Hourly resistance June 26 now support
*COMMENTARY: The break above $679.50 lacked follow through with the Bollinger
top seen capping. Bulls now need a close above $688.25 to confirm immediate
focus on 2018 highs. Bears now look for a close below $667.25 to gain breathing
room and below $650.75 to confirm traction below DMAs and shift initial focus
back to $632.00-636.75 where the 100-DMA ($634.47) is found.

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