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NYMEX RBOB (J19) $2.0 Back In Focus.......>

OIL TECHS
OIL TECHS: NYMEX RBOB (J19) $2.0 Back In Focus
*RES 4: $2.1305 - 74.6% of Oct-Dec Decline 
*RES 4: $2.0175 - Low Aug 16 
*RES 3: $1.9958 - 61.8% of Oct-Dec Decline 
*RES 1: $1.9807 - High March 26 
*PRICE: $1.9463 @ 05:43 GMT Mar 27 
*SUP 1: $1.9099 - 200-dma
*SUP 2: $1.8282 - Low March 15 
*SUP 3: $1.8448 - 21-dma 
*SUP 4: $1.7390 - Low Mar 8 
RBOB futures continue their advance as the $2.0 level comes back into focus.
Bulls initially target yesterday's high at $1.9807 above which would bring the
61.8% retracement at $1.9958 into play ahead of the Aug 16 low at $2.0175. To
stabilise the outlook bears need to retake the 200-dma at $1.9099. Below here
opens the Mar 15 low at $1.8282. 

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