NYMEX RBOB (J19) Bulls Remain In..........>

OIL TECHS: NYMEX RBOB (J19) Bulls Remain In Control 

*RES 5: $2.0000 - June/July Lows/61.8% retracement 

*RES 4: $1.9500 - Inverse head and shoulders target 

*RES 3: $1.9195 - 200-dma 

*RES 2: $1.8886 - 50% retracement of Oct-Dec decline

*RES 1: $1.8397 - High Mar 12

*PRICE: $1.8277 @ 05:53 GMT Mar 13 

*SUP 1: $1.7393/7514 - Low Mar 8/21-dma 

*SUP 2: $1.7124 - Mar 1 low 

*SUP 3: $1.6972 - Feb 26 low 

*SUP 4: $1.6562 - High Feb 4 

RBOB futures hit new cycle highs yesterday keeping the focus on the upside.

Bulls now look to take out yesterday''s high at $1.8397 to open the 50%

retracement level at $1.8886. Above here would bring the 200-dma into focus at

$1.9195. Bears now need to push back below Friday's low and the 21-dma at

$1.7393/7514. Below here would open the March 1 low at $1.7127.