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ICE GASOIL: (Z18) Bulls Need To Recover...>

OIL TECHS
OIL TECHS: ICE GASOIL: (Z18) Bulls Need To Recover The 200-DMA
*RES 4: $800.00 - Resistance 
*RES 3: $751.00 - High Oct 3 
*RES 2: $692.87 - 55-dma 
*RES 1: $648.72 - 200-dma 
*PRICE: $637.50 @ 05:50 GMT 
*SUP 1: $625.25 - Low Nov 14 
*SUP 2: $605.75 - High Jan 25, now support 
*SUP 3: $600.00 - Support 
*SUP 4: $551.75 - Low Mar 2 
Dec-18 Gasoil futures continue to hold above their Nov 14 lows but the broader
bearish trend remains intact below the 200-dma. The focus for the bears remains
on the $625.25 level, below which the Jan 25 high at $605.75 comes into play
ahead of the ytd lows. A break above the 200-dma at $648.72 would improve the
outlook, opening the 55-dma at $692.87.

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