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ICE GASOIL: (V18) Downside Risks Rising...>

OIL TECHS
OIL TECHS: ICE GASOIL: (V18) Downside Risks Rising
*RES 4: $800.00 - Resistance 
*RES 3: $785.00 - High November 24 2014 
*RES 2: $750.00 - Measured move from the bull flag breakout 
*RES 1: $710.75 - High Sep 4 
*PRICE: $675.25 @ 06:05 GMT 
*SUP 1: $668.25 - High Aug 14, now support 
*SUP 2: $636.25 - Low Aug 15 
*SUP 3: $627.00 - Low July 18 
*SUP 4: $613.75 - Low Apr 17 
Oct-18 gasoil futures broke below their Sep 7 low yesterday as bears take the
lead to focus on the Aug 14 high at $668.25, now acting as support. A break
below here would open up the Aug 15 lows at $636.25. The Sep 4 high at $710.75
remains the target for the bulls to keep the bigger picture uptrend intact and
open up the $750 area which marks the measured move from the bull flag breakout.

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