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ICE GASOIL:(Z18) Downtrend Intact Below...>

OIL TECHS
OIL TECHS: ICE GASOIL:(Z18) Downtrend Intact Below 550-DMA 
*RES 4: $830.00 - Channel top 
*RES 3: $800.00 - Resistance 
*RES 2: $751.00 - High Oct 3 
*RES 1: $697.55 - 55-dma 
*PRICE: $680.50 @ 05:31 GMT 
*SUP 1: $646.29 - 200-dma 
*SUP 2: $632.25 - Low Aug 15 
*SUP 3: $600.00 - Support 
*SUP 4: $538.00 - Low Feb 9 
Gasoil futures recovered some losses yesterday but the down trendline support
remains intact as does the 55-dma at $697.55. Below here the focus remains to
the downside with the Aug 15 lows in focus. A break below here would confirm a
large topping pattern. Bulls need to recover the 55-dma to re-establish the
uptrend and open the Oct 3 highs. 

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