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ICE GASOIL: (X18) Holding Support.........>

OIL TECHS
OIL TECHS: ICE GASOIL: (X18) Holding Support Around $710 
*RES 4: $830.00 - Channel top 
*RES 3: $800.00 - Resistance 
*RES 2: $753.50 - High Oct 3 
*RES 1: $727.00 - Low Oct 8, now resistance 
*PRICE: $713.50 @ 05:36 GMT 
*SUP 1: $706.50 - Low Oct 17 
*SUP 2: $700.00 - Support 
*SUP 3: $673.50 - Low Sep 9 
*SUP 4: $635.50 - Low Aug 15 
Nov-18 Gasoil futures dipped below $710 again yesterday before closing above it.
This level has now held on a closing basis for four consecutive days.
Yesterday's low of $706.50 needs to be taken out for bearish momentum to build
towards the key $700 level, below which bears would have the advantage. On the
upside bulls need to recover the Oct 8 low at $727.00, now actin as resistance.
Above here opens the the Oct 3 peak at $753.50.

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