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OIL TECHS: ICE GASOIL: (X18) New High Keeps Focus On $750
*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: $715.50 @ 05:37 GMT
*SUP 1: $691.81 - 21-dma
*SUP 2: $673.50 - Low Sep 9
*SUP 3: $635.50 - Low Aug 15
*SUP 4: $628.50 - Low July
Nov-18 gasoil futures hit a new high yesterday as the bullish trend continues
following the break above $700. Bulls target the $750 area which marks the
measured move from the bull flag breakout, while bears need a break below the
21-dma to take the pressure off. The larger bullish trend remains intact and a
break below the Sep 9 low is needed to shift the outlook neutral.