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NYMEX RBOB (G19) Challenging Jan........>

COMMODITIES: NYMEX RBOB (G19) Challenging Jan Highs
*RES 4: $1.9301 - 200-dma
*RES 3: $1.6975 - 50% 2.1500-1.2450
*RES 2: $1.5995 - High Nov 16
*RES 1: $1.5177 - High Dec 7
*PRICE: $1.3694 @ 14:08 GMT Jan 4
*SUP 1: $1.2450 - Dec 26 low
*SUP 3: $1.2000 - Bear channel bottom
*SUP 4: $1.0915 - Low Jan 19, 2016
RBOB futures briefly traded above $1.3700 to challenge the Jan 2 high. Bulls
need to clear the $1.4000 level to build on recent momentum, opening the Dec 7
high at $1.5177, ahead of the Nov 16 high at $1.5995. Below $1.3000 returns
downside focus, bringing the Dec 26 low at $1.2450 into view.

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