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NYMEX HO (M19) Stuck Below $2.10 *RES.....>

OIL TECHS
OIL TECHS: NYMEX HO (M19) Stuck Below $2.10
*RES 3: $2.2125 - Low Oct 24, 2018 
*RES 2: $2.1852 - High Nov 8, 2018 
*RES 1: $2.1268 - High Apr 22 
*RES 1: $2.0977 - High May 2
*PRICE: $2.0671 @ 05:49 GMT May 3 
*SUP 1: $2.0413/0346/0138 - 200-dma/Uptrend support from Feb lows/Low Apr 26 
*SUP 2: $1.9417 - Low Mar 8 
*SUP 3: $1.9331/9281 - 100-dma/Feb 4 high 
*SUP 4: $1.8236 - Low Jan 28 
Heating oil futures were unable to recover $2.10 yesterday giving bears the near
term edge to target the key 200-dma/uptrend support from Feb lows/April 26 low
at $2.0413/0346/0138. A close below here shifts the outlook firmly negative and
opens the March 8 low at $1.9417. To reignite upside momentum bulls look to
overcome yesterday's high at $2.0977 to target the April 22 ytd high at $2.1268.
A break above here would suggest a resumption of the broader rally.

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