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NYMEX HO: (F19) 21-DMA Acts As............>

OIL TECHS
OIL TECHS: NYMEX HO: (F19) 21-DMA Acts As Resistance
*RES 4: $2.3627 - Low Oct 8, now resistance 
*RES 3: $2.2300 - Resistance 
*RES 2: $2.1460 - 200-dma 
*RES 1: $1.9458 - 21-dma
*PRICE: $1.8918 @ 05:42 GMT 
*SUP 1: $1.7843 - Low Nov 30 
*SUP 2: $1.7539 - High Jan 3 2016 
*SUP 3: $1.5489 - Low Aug 17, 2017 (continuation chart) 
*SUP 4: $1.3563 - Low June 21, 2017 (continuation chart) 
Jan-19 Heating oil extended above the Dec 4 high on Friday but was met with
resistance at the 21-dma which comes in at $1.9458. A close above here to shifts
the near-term outlook positive and opens the 200-dma at $2.1460. On the
downside, bears focus on the Nov 30 low at $1.7843. A break below here would
extend the selloff to the next downside target which comes in at the Jan 2016
highs. 

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