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NYMEX RBOB (H19) 100-DMA Caps Gains.......>

OIL TECHS
OIL TECHS: NYMEX RBOB (H19) 100-DMA Caps Gains
*RES 4: $1.9260 - Low Sep 6 now resistance (continuation chart) 
*RES 3: $1.8360 - 200-dma (continuation chart) 
*RES 2: $1.6104 - High Nov 16 (continuation chart) 
*RES 1: $1.5824 - 100-dma (continuation chart) 
*PRICE: $1.5607 @ 05:52 GMT Feb 19 
*SUP 1: $1.4305 - 21-dma 
*SUP 2: $1.3230 - Jan 28 low 
*SUP 3: $1.2685 - Jan 2 low (continuation chart) 
*SUP 4: $1.2450 - Dec 26 low (continuation chart) 
The recovery in RBOB futures has come up against tough resistance at 100-dma at
$1.5824. A break above here is needed to open the Nov 16 high at $1.6104 ahead
of the 200-dma which currently sits at $1.8360. Bears now look for a downside
break of the 21-dma at $1.4305 to neutralise the near term outlook and bring the
Jan 28 low at $1.3230 into view.

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