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OIL TECHS: ICE GASOIL: (V17) Bears Need Close Below $495.00
*RES 4: $522.18 - Monthly High Feb 2
*RES 3: $516.00 - High Feb 22
*RES 2: $514.25 - Hourly resistance Sept 4a
*RES 1: $508.00 - Hourly resistance Sept 4
*PRICE: $501.50 @ 0430GMT
*SUP 1: $498.75 - Low Sept 4
*SUP 2: $495.00 - High Aug 10 now support
*SUP 3: $487.00 - Hourly support Aug 31b
*SUP 4: $484.30 - 21-DMA
*COMMENTARY: A double daily top has been left in place $513.75-514.25 with the
contract looking a little heavy as daily studies look to correct from O/B. The
$495.00 support region remains key with bears needing a close below to shift
focus back to $476.75-484.30 where the 21-DMA is situated. While $495.00
supports bulls remain focused on $516.00-534.00 where the bull channel top and
2017 highs are located.