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NYMEX RBOB: (F18) $1.7106 Support Key.....>

OIL TECHS
OIL TECHS: NYMEX RBOB: (F18) $1.7106 Support Key Today
*RES 4: $1.8151 - High Nov 8
*RES 3: $1.7940 - High Nov 27
*RES 2: $1.7628 - 21-DMA
*RES 1: $1.7587 - High Nov 30
*PRICE: $1.7501 @ 0430GMT
*SUP 1: $1.7183 - Low Nov 30
*SUP 2: $1.7106 - Low Nov 16
*SUP 3: $1.7094 - Bollinger band base
*SUP 4: $1.6649 - 55-DMA
*COMMENTARY: The close below the 21-DMA and ST bull channel base saw immediate
focus shift to $1.7106 with a close below needed to target $1.6354-1.6649 where
the LT bull channel base and 55-DMA are located. Layers of resistance remain
with bulls looking for a close above the 21-DMA to ease bearish pressure and
above $1.7940 to reconfirm immediate focus on retests of $1.8151 and then the
bull channel top ($1.8670).

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