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ICE GASOIL: (X18) Consolidating Gains.....>

OIL TECHS
OIL TECHS: ICE GASOIL: (X18) Consolidating Gains Above $700 
*RES 4: $850.00 - Channel top 
*RES 3: $800.00 - Resistance 
*RES 2: $785.00 - High November 24 2014 
*RES 1: $750.00 - Measured move from the bull flag breakout 
*PRICE: $712.25 @ 06:00 GMT 
*SUP 1: $689.13 - 21-dma 
*SUP 2: $665.00 - Low Aug 14 
*SUP 3: $635.50 - Low Aug 15 
*SUP 4: $628.50 - Low July 18 
Nov-18 gasoil futures are consolidating recent gains above their Sep 4 highs as
the bigger picture bullish trend extends and bulls target the $750 area which
marks the measured move from the bull flag breakout. Bears need a break below
the 21-dma to take the pressure off but would would need a close back below the
Aug 14 high to shift the short-term outlook negative.

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