ICE GASOIL (X19): Still Looking For A.....>

OIL TECHS: ICE GASOIL (X19): Still Looking For A Break Higher

*RES 4: $618.75 - High Sep 19

*RES 3: $610.63 - 50.0% retracement of Sep 16 - Oct 3 decline

*RES 2: $600.00 - High Sep 27

*RES 1: $597.50 - High Oct 11

*PRICE: $586.75 @ 06:53 BST Oct 23

*SUP 1: $572.75 - Low Oct 15 and key near-term support

*SUP 2: $569.50 - Low Oct 8

*SUP 3: $554.50 - Low Oct 3 and key bear trigger

*SUP 4: $546.25 - Low Sep 3

GASOIL continues to consolidate. A bullish outlook remains intact though

following last weeks move higher off $572.75, Oct 15 low. Momentum studies are

constructive and a short-term bullish price structure of higher highs and higher

lows remains intact. 597.38, 38.2% of Sep 16 - Oct 3 decline has recently been

probed. A clear breach of the recent $597.50 high would open $610.63. Key

short-term support is at $572.75, Oct 15 low.