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NYMEX RBOB (G19) 21-DMA Remains Intact ...>

OIL TECHS: NYMEX RBOB (G19) 21-DMA Remains Intact 
*RES 4: $1.8001 - 200-dma 
*RES 3: $1.6046 - Nov 16 
*RES 2: $1.5177 - High Dec 7 
*RES 1: $1.4448 - 50-dma 
*PRICE: $1.3845 @ 05:51 GMT Jan 15 
*SUP 1: $1.3509 - 21-dma 
*SUP 2: $1.2450 - Dec 26 low 
*SUP 3: $1.2000 - Bear channel bottom 
*SUP 4: $1.0915 - Low Jan 19, 2016 
RBOB futures found support at the 21-dma today which keeps the focus on the
upside and at the 50-dma at $1.4488. Above here would open the Dec 7 high at
$1.5177 initially, and would suggest a potential inverse head and shoulders
pattern. Bears need to push below the 21-dma at $1.3509 to return the focus to
the Dec 26 low at 1.2450. 

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