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NYMEX RBOB (H19) Recovery Extends *RES....>

OIL TECHS
OIL TECHS: NYMEX RBOB (H19) Recovery Extends
*RES 4: $1.9260 - Low Sep 6 now resistance (continuation chart) 
*RES 3: $1.8165 - 200-dma (continuation chart) 
*RES 2: $1.7000 - Inverse head and shoulders target
*RES 1: $1.6518 - Low Feb 13, 2018 (continuation chart) 
*PRICE: $1.6289 @ 05:53 GMT Feb 28 
*SUP 1: $1.5437 - Feb 25 low 
*SUP 2: $1.5022 - 21-dma
*SUP 3: $1.4850 - High Feb 4
*SUP 4: $1.3230 - Jan 28 low 
RBOB futures broke back above Friday's high at $1.6263 which now opens the Feb
13, 2018 low at $1.6518. Above here lies the inverse head and shoulders breakout
target ahead of the 200-dma which crosses at $1.8165. To regain the upper hand
bears need to break back below the Feb 25 low at $1.5437 to open the 21-dma
which comes in at $1.5022. Below here would bring the Jan 28 low at $1.3230 into
view.

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