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NYMEX HO (G19) Recovery Intact Above......>

OIL TECHS: NYMEX HO (G19) Recovery Intact Above 21-DMA
*RES 4: $2.1239 - 200-dma 
*RES 3: $2.1000 - Prior range lows, now resistance 
*RES 2: $1.9443 - High Dec 7 
*RES 1: $1.9125 - 50-dma 
*PRICE: $1.8393 @ 05:47 GMT Jan 9 
*SUP 1: $1.7670 - 21-dma 
*SUP 2: $1.6380 - Low Dec 26 
*SUP 3: $1.5489 - Low Aug 17, 2017 (continuation chart) 
*SUP 4: $1.3563 - Low June 21, 2017 (continuation chart) 
Heating Oil futures extended their gains after holding above the 21-dma
yesterday, to keep the short-term outlook positive. Bulls now eye a topside
break of the 50-dma at 1.9125 to open the Dec 7 highs. Bears need to close back
below the 21-dma at 1.7670 to open the Dec 26 low at 1.6380.

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