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NYMEX HO (J19) Bulls Look To Overcome.....>

OIL TECHS
OIL TECHS: NYMEX HO (J19) Bulls Look To Overcome 21-DMA
*RES 4: $2.2206 - High Nov 8 
*RES 3: $2.0609 - 200-dma 
*RES 2: $2.0479 - High Mar 1 
*RES 1: $1.9962/2.0017 - High Mar 19/21-dma
*PRICE: $1.9864 @ 05:19 GMT Mar 20 
*SUP 1: $1.9485 - Low March 15 
*SUP 2: $1.9455/9367 - Low Mar 8/50-dma 
*SUP 3: $1.9263/9302 - 100-dma/High Feb 4
*SUP 4: $1.8311 - Low Jan 28 
Heating oil futures edged higher off of range lows yesterday allowing bulls to
now target yesterday's high at $1.9962 and the 21-dma just above at $2.0017.
Above here would establish a near term higher high and put the focus back on the
March 1 high and the 200-dma. On the downside bears target Friday's low at
$1.9485 with a break opening the March 8 low at $1.9455 and 50-dma at $1.9367.
Below here would open the 100-dma/High Feb 4 at $1.9263/9302.

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