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ICE GASOIL: (X18) $750 Lies In Wait ......>

OIL TECHS: ICE GASOIL: (X18) $750 Lies In Wait 
*RES 4: $900.00 - Resistance 
*RES 3: $830.00 - Channel top 
*RES 2: $800.00 - Resistance 
*RES 1: $750.00 - Measured move from the bull flag breakout 
*PRICE: $740.00 @ 06:09 GMT 
*SUP 1: $698.73 - 21-dma 
*SUP 2: $673.50 - Low Sep 9 
*SUP 3: $635.50 - Low Aug 15 
*SUP 4: $628.50 - Low July 
The rally in Nov-18 gasoil is facing some resistance around the $740 area but
the broader trend suggests this is a consolidation period ahead of further gains
towards the breakout target at $750. Above here would target the channel top
from the Jan and May highs. Bears need a break below $700 to target the 21-dma
$698.73 and shift the short-term outlook neutral.

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