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ICE GASOIL: (Z17) $557.50 Support.........>

OIL TECHS
OIL TECHS: ICE GASOIL: (Z17) $557.50 Support Remains Key
*RES 4: $597.50 - High June 17 2015 
*RES 3: $585.50 - High June 30 2015 
*RES 2: $579.02 - Daily Bull channel top 
*RES 1: $571.00 - 2017 High Nov 9
*PRICE: $568.00 @ 0430GMT
*SUP 1: $557.50 - Hourly support Nov 6a 
*SUP 2: $551.25 - Hourly support Nov 3 
*SUP 3: $549.25 - Hourly resistance Nov 3 now support 
*SUP 4: $541.00 - Low Nov 3
*COMMENTARY: Topside hesitation ahead of the daily bull channel top remains less
than ideal for bulls given daily studies looking to correct from O/B. Bulls
currently focus on $579.02-585.50 where the bull channel top is situated. The
$557.50 support remains key. Bears need a close below $557.50 to ease bullish
pressure and below $549.25 to shift focus to $532.75-541.62 where the 21-DMA is
found ($541.62).

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