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NYMEX HO (K19) Key Support Approaching....>

OIL TECHS
OIL TECHS: NYMEX HO (K19) Key Support Approaching
*RES 4: $2.2709 - High Oct 26 
*RES 3: $2.2105 - Low Oct 24 
*RES 2: $2.1837 - High Nov 8 
*RES 1: $2.1242 - High Apr 22 
*PRICE: $2.0429 @ 06:04 GMT Apr 29 
*SUP 1: $2.0116/0020/0000 - 55-dma/Low Apr 5/Uptrend support from Feb lows
*SUP 2: $1.9369/9261/9217 - Low Mar 22/High Feb 4/100-dma
*SUP 3: $1.8595 - Low Feb 7
*SUP 4: $1.8179 - Low Jan 28
Heating oil futures lost their grip on the 200-dma on Friday in response to
President Trump's open comments, which now brings the $2.0116/0020/0000 key
support area into play marking the 55-dma/April 5 low/Uptrend support from Feb
lows. Below here would target the March 22 low/ Feb 4 high/100-dma at
$1.9369/9261/9217. Bulls continue to look for a break above the April 22 high at
$2.1224 to extend the uptrend. 

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