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

OIL TECHS
OIL TECHS: ICE GASOIL: (Z17) $557.50 Support Key Today
*RES 4: $597.50 - High June 17 2015 
*RES 3: $585.50 - High June 30 2015 
*RES 2: $575.63 - Daily Bull channel top 
*RES 1: $570.75 - 2017 High Nov 6
*PRICE: $566.75 @ 0430GMT
*SUP 1: $564.50 - Hourly support Nov 6 
*SUP 2: $557.50 - Hourly support Nov 6a 
*SUP 3: $551.25 - Hourly support Nov 3 
*SUP 4: $549.25 - Hourly resistance Nov 3 now support
*COMMENTARY: The contract remained supported on dips back towards the 21-DMA
($534.93) last week with fresh 2017 and 2+ year highs to start the new week.
Bulls remain focused on $575.63-585.50 where the bull channel top is situated.
O/B daily studies remain the key concern for bulls as support layer add to
confidence. Bears now need a close below $557.50 to ease bullish pressure and
below $549.25 to shift focus to $532.75-541.00.

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