Gasoil, RBOB Gasoline

Daily Forecast – 01 May 2013 Gasoil May contract Gasoil could remain under pressure today & below 843.50 risks a test of 841/840 then 830/828 support. If we continue lower we could retest 818/815 April lows but should look very oversold in the short term here so could hope for a bounce this week. Resistance is 843/844 but above here we could stretch to 853/854. We then run in to very tough resistance at 863.50/866.50 which could cap any moves higher this week.

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Gasoil, RBOB Gasoline

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