Gasoil ICE, Natural Gas

Forecast for 25th January 2013 Gasoil ICE Feb contract Gasoil did push through 974 as hoped but could not reach our next target of 977.08/979.19. We could try for this today but this is very tough resistance and with the market starting to look over bought, this area should trigger profit taking for the week. However if attempting shorts we need a stop above 981.25 for 982.75 then 989.25 in to next week. Support at 968/967.25 but below here we could see 964/963.50. A break below 961 however

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Gasoil ICE, Natural Gas

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