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NYMEX RBOB (G19) Loss Of $1.40 Puts.......>

OIL TECHS: NYMEX RBOB (G19) Loss Of $1.40 Puts Focus On 21-DMA 
*RES 4: $1.8001 - 200-dma 
*RES 3: $1.6046 - Nov 16 
*RES 2: $1.5177 - High Dec 7 
*RES 1: $1.4521 - 50-dma 
*PRICE: $1.3920 @ 05:51 GMT Jan 14 
*SUP 1: $1.3565 - 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 have lost their grip on the $1.40 level which shift the near term
focus to the downside and to the 21-dma at $1.3565. A break below here would
return the focus to the Dec 26 low at 1.2450. To the topside the 50-dma remains
resistance, coming in at $1.4521 currently. Above here would open the Dec 7 high
at $1.5177. 

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