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OIL TECHS: NYMEX HO: (X18) Hold Above $2.30 Keeps Focus Higher
*RES 4: $2.6500 - Channel top
*RES 3: $2.6000 - Resistance
*RES 2: $2.5000 - Resistance
*RES 1: $2.4000 - Measured move from bull flag breakout
*PRICE: $2.3252 @ 06:51 GMT
*SUP 1: $2.1941 - Low Sep 7
*SUP 2: $2.1813 - High Aug 14 now support
*SUP 3: $2.0930 - 200-dma
*SUP 4: $2.0655 - Low July 17
Nov-18 Nymex Heating Oil futures remain supported at the $2.30 area which keeps
the focus on the $2.40 bull flag breakout level. Bears need a close back below
$2.30 to gain some breathing room and break below the Sep 7 low at $2.1941 to
shift the outlook back to neutral.