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ICE GASOIL:(Z18) 200-DMA Comes To.........>

OIL TECHS
OIL TECHS: ICE GASOIL:(Z18) 200-DMA Comes To Bulls' Rescue
*RES 4: $830.00 - Channel top 
*RES 3: $800.00 - Resistance 
*RES 2: $751.00 - High Oct 3 
*RES 1: $696.95 - 55-dma 
*PRICE: $661.75 @ 05:32 GMT 
*SUP 1: $646.95 - 200-dma 
*SUP 2: $632.25 - Low Aug 15
*SUP 3: $600.00 - Support 
*SUP 4: $538.00 - Low Feb 9 
Dec-18 Gasoil futures bounced off the 200-dma on Friday and the recovery has
extended today, keeping the near-term outlook neutral. A break above the 55-dma
is needed to shift the outlook bullish and open the Oct 3 highs. Bears need to
break below the 200-dma at $646.95 to re-establish downside momentum and target
the Aug 15 lows. 

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