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ICE GASOIL: (U17) Closes Above 200-DMA....>

OIL TECHS
OIL TECHS: ICE GASOIL: (U17) Closes Above 200-DMA
*RES 4: $500.25 - Low Apr 11 now resistance 
*RES 3: $488.00 - Monthly High May 25 
*RES 2: $482.75 - Falling daily TL 
*RES 1: $478.25 - High July 27
*PRICE: $476.25 @ 0430GMT
*SUP 1: $475.49 - 200-DMA 
*SUP 2: $471.25 - Low July 27 
*SUP 3: $465.25 - Low July 26 
*SUP 4: $461.50 - High July 21 now support
*COMMENTARY: Support emerging on dips has resulted in a close above the 200-DMA
and focus now on $482.75-488.00 where channel tops and May highs are located.
Layers of support remain with bears now needing a close below $471.25 to ease
bullish pressure and below $461.50 to shift focus back to $445.78-457.11 where
key DMAs and the bull channel base ($449.25) are located.

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