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ICE GASOIL: (X17) 21-DMA Capping For......>

OIL TECHS: ICE GASOIL: (X17) 21-DMA Capping For Now
*RES 4: $537.25 - Low Sept 29 now resistance 
*RES 3: $536.00 - High Oct 5 
*RES 2: $530.25 - High Oct 11 
*RES 1: $529.42 - 21-DMA
*PRICE: $526.75 @ 0330GMT
*SUP 1: $523.75 - Hourly support Oct 12 
*SUP 2: $518.50 - Alternating hourly support/resistance 
*SUP 3: $513.75 - Hourly support Oct 9 
*SUP 4: $510.25 - Low Oct 9
*COMMENTARY: Volatile trading continues with pressure having returned to key
resistance layers. Bulls need a close above $530.25 to confirm a break of the
21-DMA and above $537.25 to return focus to $550.50-566.16 where 2017 highs and
the bull channel top are situated. The $518.50 support remains key. Bears need a
close below $518.50 to return pressure to the $509.16-510.25 support region
where the 55-DMA and bull channel base are found.

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