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ICE GASOIL: (Z18)New Lows Fail To.........>

OIL TECHS
OIL TECHS: ICE GASOIL: (Z18)New Lows Fail To Extend 
*RES 4: $751.00 - High Oct 3 
*RES 3: $681.38 - 55-dma 
*RES 2: $650.05 - 200-dma 
*RES 1: $600.00 - Resistance
*PRICE: $582.75 @ 05:46 GMT 
*SUP 1: $551.75 - Low Mar 2 
*SUP 2: $538.00 - Feb 14 
*SUP 3: $460.00 - Up trendline support from 2016 lows 
*SUP 4: $435.25 - Low Jun 21, 2017 
Dec-18 Gasoil futures hit new cycle lows yesterday but the losses were recovered
in late trading. The broader bearish trend remains intact below $500 with bulls
needed to break above here to target the 200-dma at $650.05. On the downside,
bears target the March 2 lows at $551,75 ahead of ytd lows at $538. 

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