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NYMEX RBOB (J19) Contracting Range *RES...>

OIL TECHS
OIL TECHS: NYMEX RBOB (J19) Contracting Range
*RES 4: $1.9304 - 200-dma 
*RES 3: $1.8249 - High Nov 16 
*RES 2: $1.7800 - High Feb 22 
*RES 1: $1.7720 - High Mar 1 
*PRICE: $1.7428 @ 05:21 GMT Mar 4 
*SUP 1: $1.7124 - Mar 1 low 
*SUP 2: $1.6972 - Feb 26 low 
*SUP 3: $1.6950 - 21-dma 
*SUP 4: $1.6562 - High Feb 4 
RBOB futures continue to trade in a contracting range with bulls looking to
extend the uptrend with a break above the March 1 high at $1.7720 and the Feb 22
high at $1.7800. Above here would open the Nov 16 high ahead of the 200-dma. On
the downside bears target Friday's low at $1.7124 to open the Feb 26 low at
$1.6972, with a break below here opening the 21-dma at $1.6950.

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