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ICE GASOIL: (X18) Bulls Target 21-DMA.....>

OIL TECHS
OIL TECHS: ICE GASOIL: (X18) Bulls Target 21-DMA Ahead Of Cycle Highs
*RES 4: $830.00 - Channel top 
*RES 3: $800.00 - Resistance 
*RES 2: $753.50 - High Oct 3 
*RES 1: $723.37 - 21-dma 
*PRICE: $716.00 @ 05:43 GMT 
*SUP 1: $697.04 - 55-dma 
*SUP 2: $673.50 - Low Sep 9 
*SUP 3: $645.95 - 200-dma 
*SUP 4: $635.50 - Low Aug 15 
Nov-18 Gasoil futures had a strong close last week which allowed the $700 to be
recovered and has put the focus back to the upside and on the 21-dma just ahead
at $723.37. Above here would re-establish upside momentum and target the Oct 3
highs. Bears need to break back below $700 and the 55-dma at $697.04 to suggest
a reversal pattern is in play.

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