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NYMEX HO (G19) Recovery Intact *RES 4:...>

OIL TECHS
OIL TECHS: NYMEX HO (G19) Recovery Intact 
*RES 4: $2.1239 - 200-dma 
*RES 3: $1.9443 - High Dec 7 
*RES 2: $1.9204 - 50-dma 
*RES 1: $1.8207 - High Jan 7
*PRICE: $1.7828 @ 05:52 GMT Jan 8 
*SUP 1: $1.7668 - 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 are looking to hold above their 21-dma to keep the
short-term outlook positive. A topside break of yesterday's high at 1.8207 opens
the 50-dma at 1.9204. Bears need to close back below the 21-dma at 1.7668 to
open the Dec 26 low at 1.6380.

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