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NYMEX HO: (F19) No Respite For The........>

OIL TECHS
OIL TECHS: NYMEX HO: (F19) No Respite For The Bulls
*RES 4: $2.3627 - Low Oct 8, now resistance 
*RES 3: $2.2300 - Resistance 
*RES 2: $2.1437 - 200-dma 
*RES 1: $1.8719 - 21-dma 
*PRICE: $1.7669 @ 05:28 GMT Dec 19 
*SUP 1: $1.7539 - High Jan 3 2016 
*SUP 2: $1.7000 - Triangle breakout target
*SUP 3: $1.5489 - Low Aug 17, 2017 (continuation chart) 
*SUP 4: $1.3563 - Low June 21, 2017 (continuation chart) 
Jan-19 Heating oil futures extended their drop yesterday brining into focus the
Jan 2016 highs as well as the triangle breakout target at $1.7000. Gains above
the 21-dma at $1.8719 are needed to shift the outlook bullish and open the
200-dma at $2.1437.

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