Gasoil looks like we are running out of momentum as we have warned and can expect a small correction. We dipped below 948.83 yesterday but recovered quickly. If we move back below here today look for a test of 943.38 before better support at 939.95/937.92. Here we can exit all shorts and try longs for a bounce with a stop below 936.
Resistance at 955.60 could see us struggle. If we do push higher then 964.50/966.00 should remain very tough to beat but a break above 967 should signal another leg higher towards 972.25/75, possibly 974.00. A push through here would then keep the momentum going for a test of tough resistance at 979.19 which may trigger some profit taking.