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NYMEX HO: (X18) Support At $2.30 Holds ...>

OIL TECHS
OIL TECHS: NYMEX HO: (X18) Support At $2.30 Holds 
*RES 4: $2.7900 - Resistance 
*RES 3: $2.6000 - Resistance 
*RES 2: $2.5500 - Channel top 
*RES 1: $2.4496 - High Oct 3
*PRICE: $2.3501 @ 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 at the key $2.30 level on Friday and the
bounce back above $2.35 has put the Oct 3 high at $2.4496 back into focus. Above
here re-establishes the broader rally opening the $2.55 channel top. On the
downside, bears need to close below $2.30 to shift the outlook bearish.

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