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NYMEX RBOB: (J18) Above 55-DMA To.........>

OIL TECHS: NYMEX RBOB: (J18) Above 55-DMA To Shifts Focus Higher
*RES 4: $1.9940 - Hourly resistance Feb 27
*RES 3: $1.9696 - Alternating daily support/resistance
*RES 2: $1.9486 - High Mar 7
*RES 1: $1.9215 - Hourly resistance Mar 7
*PRICE: $1.9170 @ 0430GMT
*SUP 1: $1.8985 - Low Mar 7
*SUP 2: $1.8831 - Hourly support Mar 2
*SUP 3: $1.8566 - Low Mar 2
*SUP 4: $1.8384 - Monthly Low Feb 13
*COMMENTARY: The recovery from $1.8566 now sees the contract hesitating above
the 100-DMA ($1.9442) and looking a little offered. Bears now need a close below
$1.8985 to confirm focus on $1.8186-1.8566 where 2018 & monthly lows are noted.
Bulls now look for a close above the 55-DMA ($1.9822) to shift initial focus to
$2.0173 and overall focus to $2.0846-0995.

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