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NYMEX HO: (F19) Bearish Break *RES 4:.....>

OIL TECHS
OIL TECHS: NYMEX HO: (F19) Bearish Break
*RES 4: $2.3627 - Low Oct 8, now resistance 
*RES 3: $2.2300 - Resistance 
*RES 2: $2.1439 - 200-dma 
*RES 1: $1.8744 - 21-dma 
*PRICE: $1.8061 @ 05:56 GMT Dec 18 
*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 are heading towards their Nov 30 ytd lows at $1.7843 after
breaking below up trendline support yesterday, as bears look to extend the
downtrend. Below here would open the next downside target which comes in at the
Jan 2016 highs. Gains above the 21-dma at $1.8744 are needed to shift the
outlook bullish and open the 200-dma at $2.1439.

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