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ICE GASOIL (V19): Weaker *RES 4:..........>

OIL TECHS
OIL TECHS: ICE GASOIL (V19): Weaker
*RES 4: $673.50 - High Sep 16 and key resistance
*RES 3: $650.00 - High Sep 17
*RES 2: $624.00 - High Sep 19
*RES 1: $612.75 - High Sep 24
*PRICE: $598.75 @ 06:32 BST Sep 25
*SUP 1: $596.50 - Low Sep 24
*SUP 2: $587.50 - High Sep 12
*SUP 3: $580.00 - High Sep 13 and gap low
*SUP 4: $567.50 - Low Sep 12
GASOIL traded lower yesterday breaking through support at $602.50, low Sep 18.
This marks an extension of the current pull-back with the contract gradually
filling 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.

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