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NYMEX HO: (V18) Focus Returns To The......>

OIL TECHS
OIL TECHS: NYMEX HO: (V18) Focus Returns To The Upside
*RES 4: $2.6000 - Resistance 
*RES 3: $2.5000 - Resistance 
*RES 2: $2.4000 - Measured move from bull flag breakout 
*RES 1: $2.3089 - High Sep 4 
*PRICE: $2.2591 @ 05:49 GMT 
*SUP 1: $2.2002 - 21-DMA 
*SUP 2: $2.1817 - High Aug 14 now support 
*SUP 3: $2.0823 - Low Aug 15 
*SUP 4: $2.0677 - 200-DMA
Heating Oil managed to overcome its Sep 6 high at $2.2453 yesterday to return
the focus to the Sep 3 high at $2.3089. Bulls look for a break above hear to
extend the larger bullish trend and target $2.40. Bears need a close below the
Aug 14 high of $2.1817 to target the Aug 15 lows and 200-dma in an attempt to
mount a bearish reversal.

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