ICE GASOIL: (V17) Bears Need Close........>

OIL TECHS: ICE GASOIL: (V17) Bears Need Close Below $510.25

*RES 4: $543.63 - Daily Bull channel top 

*RES 3: $539.42 - Bollinger band top 

*RES 2: $535.25 - 2017 High Sept 14 

*RES 1: $530.25 - Hourly resistance Sept 15

*PRICE: $527.25 @ 0430GMT

*SUP 1: $526.25 - Hourly support Sept 14 

*SUP 2: $519.75 - Hourly resistance Sept 13 now support 

*SUP 3: $513.00 - Low Sept 13 

*SUP 4: $510.25 - Hourly support Sept 5, Low Sept 12

*COMMENTARY: The lack of topside follow through on fresh 2017 highs combined

with daily momentum divergence and O/B studies looking to correct increases the

risk of a correction. Bears now look for a close below $526.25 to add weight to

their case and below $510.25 to confirm focus on $495.00-503.00 where key

supports and the 21-DMA are situated. Bulls now need a close above $530.25 to

retain focus on the channel top.