NYMEX RBOB (H19) Cleanly Above Its........>

OIL TECHS: NYMEX RBOB (H19) Cleanly Above Its 100-DMA 

*RES 4: $1.9260 - Low Sep 6 now resistance (continuation chart) 

*RES 3: $1.8307 - 200-dma (continuation chart) 

*RES 2: $1.6518 - Low Feb 13, 2008 (continuation chart) 

*RES 1: $1.6104 - High Nov 16 (continuation chart) 

*PRICE: $1.6022 @ 05:47 GMT Feb 21 

*SUP 1: $1.4464 - 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 have broken cleanly above resistance at the 100-dma at $1.5775

which now brings the Nov 16 high within touching distance at $1.6104. A break

above here is needed to open the Feb 13 lows at $1.6518 ahead of a return to the

200-dma. Bears look for a downside break of the 21-dma at $1.4464 to neutralise

the near term outlook and bring the Jan 28 low at $1.3230 into view.