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NYMEX RBOB (H19) 100-DMA Remains The......>

OIL TECHS
OIL TECHS: NYMEX RBOB (H19) 100-DMA Remains The Focus
*RES 4: $1.9260 - Low Sep 6 now resistance (continuation chart) 
*RES 3: $1.8332 - 200-dma (continuation chart) 
*RES 2: $1.6104 - High Nov 16 (continuation chart) 
*RES 1: $1.5775 - 100-dma (continuation chart) 
*PRICE: $1.5598 @ 05:33 GMT Feb 20 
*SUP 1: $1.4351 - 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) 
RBOB futures continue to sit just below their 100-dma at $1.5775. A break above
here is needed to open the Nov 16 high at $1.6104 ahead of the 200-dma which
currently sits at $1.8332. Bears look for a downside break of the 21-dma at
$1.4351 to neutralise the near term outlook and bring the Jan 28 low at $1.3230
into view.

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