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NYMEX HO: (V18) Correction Extends .......>

OIL TECHS
OIL TECHS: NYMEX HO: (V18) Correction Extends 
*RES 4: $2.6000 - Bull channel top 
*RES 3: $2.5000 - Resistance 
*RES 2: $2.4000 - Measured move from bull flag breakout 
*RES 1: $2.3000 - Resistance 
*PRICE: $2.2311 @ 05:07 GMT 
*SUP 1: $2.1893 - High Jul 27 now support
*SUP 2: $2.1817 - High Aug 14 now support
*SUP 3: $2.0823 - Low Aug 15 
*SUP 4: $2.0574 - Low July 18 
Oct-18 Heating Oil extended its correction yesterday following the failure to
close above $2.30 on Tuesday. The potential for a bearish reversal remains
elevated and would rise upon any close below the July 27. Below the Aug 14 high
at $2.1817 would target the Aug 15 lows. Bulls need a close above $2.30 to
target the bull flag breakout target at $2.4000. 

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