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ICE GASOIL: (V17) Closes Below 21-DMA.....>

OIL TECHS
OIL TECHS: ICE GASOIL: (V17) Closes Below 21-DMA
*RES 4: $547.25 - High Oct 2 
*RES 3: $544.00 - Hourly resistance Oct 2a 
*RES 2: $541.25 - Hourly support Oct 2 now resistance 
*RES 1: $536.00 - Hourly resistance Oct 2
*PRICE: $530.75 @ 0430GMT
*SUP 1: $523.25 - Low Sept 19 
*SUP 2: $510.50 - Low Sept 12 
*SUP 3: $509.90 - Bollinger band base 
*SUP 4: $501.61 - Daily Bull channel base
*COMMENTARY: Fresh 2017 & 2+ year highs again lacked follow through last week
providing the impetus for a sell-off Monday that closed below the 21-DMA
($532.85). Immediate bearish focus shifts to $523.25 with a close below to
confirm focus on $499.80-510.50 where the 55-DMA and bull channel base are
situated. Bulls now need a close above $541.25 to gain breathing room and return
pressure to 2017 highs.

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