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ICE GASOIL: (U18) Bull Market Resumes.....>

OIL TECHS
OIL TECHS: ICE GASOIL: (U18) Bull Market Resumes
*RES 4: $785.00 - High November 24 2014 
*RES 3: $698.75 - High May 22 
*RES 2: $690.00 - High May 25 
*RES 1: $685.25 - High July 10 
*PRICE: $676.50 @ 04:36 GMT 
*SUP 1: $668.00 - Resistance now support 
*SUP 2: $653.00 - Intraday low August 22 
*SUP 3: $636.25 - Low August 15 
*SUP 4: $627.00 - Low July 18 
Gasoil's rally shows no sign of slowing down as the bull flag breakout brings
the July 10 and May 22 peaks into focus. Above here would open up the Nov 2014
highs. Bears need to recover the $668.00 level to shift the near-term outlook
neutral, but the solid base formed at the bear channel bottom will be difficult
to breach.

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