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ICE GASOIL (V19): Close To Filling The....>

OIL TECHS
OIL TECHS: ICE GASOIL (V19): Close To Filling The Gap
*RES 4: $673.50 - High Sep 16 and bull trigger
*RES 3: $650.00 - High Sep 17
*RES 2: $624.00 - High Sep 19 and key resistance
*RES 1: $604.50 - High Sep 27
*PRICE: $587.75 @ 06:49 BST Oct 1
*SUP 1: $583.75 - Low Sep 30
*SUP 2: $580.00 - High Sep 13 and gap low
*SUP 3: $570.75 - Low Sep 13
*SUP 4: $567.50 - Low Sep 12
GASOIL traded lower yesterday. The recent sell-off is expected to extend further
as the contract gradually fills the large gap in the chart created by the risk
related spike on Sep 16. The focus is on a move to $580.00, Sep 13 high. A print
of this level would fill the gap. Resistance has been defined at $624.00, Sep 19
high. While this level remains intact, the near-term outlook remains bearish.
Initial resistance is at $604.50, Friday's high.
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