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NYMEX HO: (Z18) Holding Up Trendline......>

OIL TECHS
OIL TECHS: NYMEX HO: (Z18) Holding Up Trendline Support For Now
*RES 4: $2.3627 - Low Oct 8, now resistance 
*RES 3: $2.2304 - 55-dma 
*RES 2: $2.1475 - 200-dma 
*RES 1: $2.0000 - Resistance 
*PRICE: $1.9030 @ 05:52 GMT 
*SUP 1: $1.8600 - Up trendline support from 2016 lows (continuation chart) 
*SUP 2: $1.8385 - Low March 12 
*SUP 3: $1.8094 - Low Feb 14 (continuation chart) 
*SUP 4: $1.7539 - High Jan 3 2016 
Heating oil futures found some support at up trendline support from the 2016
lows yesterday, with bulls reclaiming the $1.90 level. Bulls need to reclaim the
$2.0 level to mount a run at the 200-dma at $2.1475 to return the outlook
neutral. On the downside, a close below $1.86 would open the door to further
losses and fresh YTD lows. 

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