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NYMEX HO (K19) Edging Higher *RES 4:......>

OIL TECHS
OIL TECHS: NYMEX HO (K19) Edging Higher
*RES 4: $2.1837 - High Nov 8 
*RES 3: $2.0599 - Low Aug 16 
*RES 2: $2.0420/72 - High Mar 1/200-dma 
*RES 1: $2.0291 - High Apr 3 
*PRICE: $2.0107 @ 04:04 GMT Apr 5 
*SUP 1: $1.9369/9261 - Low Mar 22/High Feb 4 
*SUP 2: $1.9001 - 100-dma 
*SUP 3: $1.8595 - Low Feb 7 
*SUP 4: $1.8197 - Low Jan 28 
Heating oil futures continue to close above the $2.0 level keeping the focus
higher with bulls looking for a break of yesterday's high at $2.0291 to open the
ytd high at $2.0420 seen on March 1 and the 200-dma just ahead at $2.0472. Bears
look for a move back below the March 22 low/Feb 4 high at $1.9369/9261 and the
100-dma at $1.9001 to suggest a downside reversal.

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