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NYMEX RBOB: (J18) Focus Shifts To.........>

OIL TECHS: NYMEX RBOB: (J18) Focus Shifts To $1.8186-1.8384
*RES 4: $1.9475 - 21-DMA
*RES 3: $1.9372 - 100-DMA
*RES 2: $1.9200 - Hourly resistance Mar 1a
*RES 1: $1.9082 - Hourly resistance Mar 1
*PRICE: $1.8856 @ 0430GMT
*SUP 1: $1.8758 - High Feb 13 now support
*SUP 2: $1.8384 - Monthly Low Feb 13
*SUP 3: $1.8321 - Bollinger band base
*SUP 4: $1.8186 - High Oct 23 now support
*COMMENTARY: Time spent above the 55-DMA ($1.9792) was brief with the correction
lower taking out key supports resulting in a shift in focus back to
$1.8186-1.8384 where Feb lows are situated. Correcting O/B studies add weight to
the bearish case. Bulls now need a close above the 21-DMA to ease bearish
pressure and above the 55-DMA to shift initial focus back to $2.0173.

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