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NYMEX RBOB: (H18) Bears Need Close........>

OIL TECHS: NYMEX RBOB: (H18) Bears Need Close Below 21-DMA
*RES 4: $2.1705 - 2017 High Aug 31
*RES 3: $1.9780 - Daily Bull channel top
*RES 2: $1.9148 - Low Aug 31 now resistance
*RES 1: $1.8996 - High Jan 18, Bollinger band top
*PRICE: $1.8887 @ 0430GMT
*SUP 1: $1.8541 - Low Jan 19
*SUP 2: $1.8388 - Low Jan 15
*SUP 3: $1.8341 - 21-DMA
*SUP 4: $1.8314 - High Jan 4 now support
*COMMENTARY: Pressure has returned to 2018 highs with the contract having found
support ahead of the 21-DMA ($1.8341). Bulls continue to look for a close above
$1.9148 to confirm focus on the daily bull channel top and then 2017 highs.
Bears now look for a close below $1.8541 to ease bullish pressure and below
$1.8314 to confirm a break of the 21-DMA and pressure $1.7671-1.7995 where the
55-DMA and channel base are noted.

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