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

OIL TECHS: ICE GASOIL: (Z17) Bears Need Close Below 21-DMA

*RES 4: $542.00 - 2017 High Sept 26 

*RES 3: $538.75 - High Oct 16 

*RES 2: $536.75 - High Oct 17 

*RES 1: $532.75 - High Oct 25

*PRICE: $528.00 @ 0330GMT

*SUP 1: $524.75 - Hourly support Oct 24 

*SUP 2: $523.67 - 21-DMA 

*SUP 3: $516.50 - Low Oct 20 

*SUP 4: $513.00 - High Oct 9 now support

*COMMENTARY: The failed attempt to gain traction above $532.50 leaves the

contract looking a little heavy. The 21-DMA support is key today with bears

needing a close below to shift focus back to layers of support $506.00-516.50

where the 55-DMA ($506.27) and bull channel base ($512.26) are located. Bulls

now look for a close above $532.75 to gain breathing room and return pressure to

$538.75-542.00.