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

OIL TECHS
OIL TECHS: ICE GASOIL: (V17) Bears Need Close Below $534.50
*RES 4: $553.01 - Bollinger band top 
*RES 3: $551.34 - Daily Bull channel top 
*RES 2: $543.75 - Monthly High July 10 2015 
*RES 1: $543.00 - 2017 High Sept 22
*PRICE: $539.00 @ 0430GMT
*SUP 1: $536.25 - Low Sept 21 
*SUP 2: $534.50 - Hourly resistance Sept 20 now support 
*SUP 3: $530.75 - Hourly resistance Sept 20a now support 
*SUP 4: $523.25 - Low Sept 19
*COMMENTARY: Fresh 2017 & 2+ year highs continue with bulls focused on the daily
bull channel top. Daily momentum divergence and studies correcting from O/B
remain the key concern for bulls. Layers of support remain in place with bears
needing a close below $534.50 to ease immediate bullish pressure and below
$519.75 to shift initial focus back to $510.50 although the 21-DMA ($518.98) may
slow the move.

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