NYMEX RBOB: (J18) Immediate Focus On......>

OIL TECHS: NYMEX RBOB: (J18) Immediate Focus On $2.0173 Resistance

*RES 4: $2.0995 - Monthly High Jan 29

*RES 3: $2.0846 - Monthly High Feb 2

*RES 2: $2.0562 - Low Feb 1 now resistance

*RES 1: $2.0173 - Low Jan 12 now resistance

*PRICE: $1.9988 @ 0430GMT

*SUP 1: $1.9785 - Hourly support Feb 23

*SUP 2: $1.9696 - High Feb 22 now support

*SUP 3: $1.9464 - Low Feb 23

*SUP 4: $1.9243 - Hourly support Feb 21

*COMMENTARY: Bulls take comfort in closes above 21 ($1.9707) & 55 ($1.9806) DMAs

with immediate focus on the break of $2.0173 needed to confirm focus on

$2.0846-2.0995. Layers of support accumulating add to bullish confidence with

bears needing a close below $1.9686 to gain breathing room and below $1.9464 to

hint at a move back to $1.8384 with below $1.9081 to confirm.