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ICE GASOIL: (Z17) Bears Need Close........>

OIL TECHS
OIL TECHS: ICE GASOIL: (Z17) Bears Need Close Below $522.50
*RES 4: $542.00 - 2017 High Sept 26 
*RES 3: $538.75 - High Oct 26 
*RES 2: $536.75 - High Oct 27 
*RES 1: $532.50 - High Oct 19
*PRICE: $528.75 @ 0330GMT
*SUP 1: $528.25 - Hourly support Oct 23 
*SUP 2: $525.75 - Hourly resistance Oct 20 now support 
*SUP 3: $522.50 - Hourly support Oct 20 
*SUP 4: $516.50 - Low Oct 20
*COMMENTARY: The recovery from ahead of the now key $503.75-513.00 support
region where the 55-DMA and bull channel base are located buys bulls breathing
room and retains focus on $532.50-542.00. Bulls need a close above $542.00 to
confirm focus on the bull channel top ($563.20). Daily studies approaching O/B
are less than ideal. Bears need a close below $522.50 to return focus to
$503.75-513.00.

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