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NYMEX HO: (X18) $2.30 Acts As Strong......>

OIL TECHS
OIL TECHS: NYMEX HO: (X18) $2.30 Acts As Strong Support 
*RES 4: $2.7900 - Resistance 
*RES 3: $2.6000 - Resistance 
*RES 2: $2.5500 - Channel top 
*RES 1: $2.4496 - High Oct 3 
*PRICE: $2.3324 @ 03:38 GMT 
*SUP 1: $2.3000 - Support 
*SUP 2: $2.1974 - Low Sep 18 
*SUP 3: $2.1813 - High Aug 14 now support 
*SUP 4: $2.1175 - 200-dma 
Heating oil futures found support again around the key $2.30 level yesterday
which keeps the bulls in charge and the focus on the Oct 3 peak at $2.4496.
Bears need to close below $2.30 to gain the upper hand and mount a potential
downside reversal, with the next downside target coming in at the Sep 18 low at
$2.1974.  

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