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ICE GASOIL: (U18) Testing Key.............>

OIL TECHS
OIL TECHS: ICE GASOIL: (U18) Testing Key Resistance At $700 
*RES 4: $785.00 - High November 24 2014 
*RES 3: $750.00 - Measured move from the bull flag breakout 
*RES 2: $700.00 - Resistance
*RES 1: $698.75 - High May 22 
*PRICE: $696.75 @ 05:03 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 
The May 22 top at $698.75 is within touching distance and a break above here,
and the psychological $700 level would put the focus on the measured move target
from the bull flag breakout at around $750. Bears need to close back below the
confluence of support levels around $668.00 to shift the near-term outlook
neutral, but a break below the Aug 15 lows of $636.25 would be needed to give
bears the advantage.

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