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NYMEX HO: (X18) $2.40 Gives Way *RES 4:...>

OIL TECHS
OIL TECHS: NYMEX HO: (X18) $2.40 Gives Way
*RES 4: $2.7900 - Resistance 
*RES 3: $2.6000 - Resistance 
*RES 2: $2.5500 - Channel top 
*RES 1: $2.5000 - Resistance 
*PRICE: $2.4362 @ 06:04 GMT 
*SUP 1: $2.3000 - Support 
*SUP 2: $2.1974 - Low Sep 18 
*SUP 3: $2.1813 - High Aug 14 now support 
*SUP 4: $2.1033 - 200-dma 
Nov-18 Nymex Heating Oil futures cleared the $2.40 level with relative ease
yesterday strengthening the bullish case as the channel top at $2.55 comes into
play. Bears need a close back below $2.30 to suggest a bearish reversal is in
place. 

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