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ICE GASOIL:(Z18) Back Below August Lows...>

OIL TECHS
OIL TECHS: ICE GASOIL:(Z18) Back Below August Lows
*RES 4: $800.00 - Resistance 
*RES 3: $751.00 - High Oct 3 
*RES 2: $695.33 - 55-dma 
*RES 1: $647.45 - 200-dma 
*PRICE: $628.75 @ 05:50 GMT 
*SUP 1: $605.75 - High Jan 25, now support
*SUP 2: $600.00 - Support 
*SUP 3: $551.75 - Low Mar 
*SUP 4: $538.00 - Low Feb 9 
Dec-18 Gasoil futures lost their 200-dma yesterday as well as the Aug 15 lows,
which now shifts the focus to the Jan 25 high at $605.75, now acting as support.
Bearish momentum appears to be picking up and a break below this level would
open ytd lows. Bulls need to recover the 200-dma at $647.47 to make the case for
a reversal, opening the 55-dma at $695.33.

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