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NYMEX HO: (Z18) Clinging To Uptrend.......>

OIL TECHS
OIL TECHS: NYMEX HO: (Z18) Clinging To Uptrend Support 
*RES 4: $2.5500 - Channel top 
*RES 3: $2.4534 - High Oct 3 
*RES 2: $2.3627 - Low Oct 8, now resistance 
*RES 1: $2.2790 - 55-dma 
*PRICE: $2.2443 @ 05:43 GMT 
*SUP 1: $2.1927 - Low Nov 2, uptrend support from Feb lows 
*SUP 2: $2.1366 - 200-dma 
*SUP 3: $2.0871 - Low Aug 15 
*SUP 4: $2.0719 - Low Jul 18 
Heating oil futures are looking to close below up trendline support form the Feb
lows. A close below $$2.20 would give provide further momentum to the bears to
target the 200-dma at $2.1366. Bulls need to recover the 55-dma, currently at
$2.2790, to re-establish the uptrend and open the Oct 3 highs.

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