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ICE GASOIL: (Z17) Fresh 2017 & 2+ Year....>

OIL TECHS
OIL TECHS: ICE GASOIL: (Z17) Fresh 2017 & 2+ Year Highs Continue
*RES 4: $585.50 - High June 30 2015 
*RES 3: $571.11 - Daily Bull channel top 
*RES 2: $569.00 - High July 3 2015 
*RES 1: $554.75 - Low July 3 2015 now resistance
*PRICE: $551.00 @ 0430GMT
*SUP 1: $547.00 - Hourly support Oct 31 
*SUP 2: $542.75 - Hourly support Oct 27 
*SUP 3: $538.75 - High Oct 16 now support 
*SUP 4: $532.75 - Low Oct 27
*COMMENTARY: Support emerging on dips back towards the 21-DMA provided the
impetus for a break higher that sees immediate bullish focus on $554.75-5711.11
where the bull channel top is noted. Bulls need a close above the bull channel
top to shift focus to $585.50-602.50. Layers of support remain with bears
needing a close below $542.75 to ease bullish pressure and below $532.75 to
initially pressure the 21-DMA ($521.76).

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