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ICE GASOIL: (Z17) Below $549.25 To Ease...>

OIL TECHS
OIL TECHS: ICE GASOIL: (Z17) Below $549.25 To Ease Bullish Pressure
*RES 4: $585.50 - High June 30 2015 
*RES 3: $574.50 - Daily Bull channel top 
*RES 2: $569.00 - High July 3 2015 
*RES 1: $557.25 - Hourly resistance Nov 6, 2017 High
*PRICE: $554.75 @ 0430GMT
*SUP 1: $551.25 - Hourly support Nov 3 
*SUP 2: $549.25 - Hourly resistance Nov 3 now support 
*SUP 3: $541.00 - Low Nov 3 
*SUP 4: $537.75 - Low Nov 2
*COMMENTARY: The contract remain support on dips back towards the 21-DMA
($531.74) last week with fresh 2017 and 2+ year highs to start the new week.
Bulls remain focused on $569.00-585.50 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 $549.25 to ease bullish pressure and
below $541.00 to shift focus to the 21-DMA.

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