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NYMEX RBOB (J19) Strong Weekly Close......>

OIL TECHS
OIL TECHS: NYMEX RBOB (J19) Strong Weekly Close Keeps Rally Alive
*RES 4: $2.0175 - Low Aug 16 
*RES 3: $1.9958 - 61.8% of Oct-Dec Decline 
*RES 2: $1.9807 - High March 27 
*RES 1: $1.9075 - 200-dma 
*PRICE: $1.8956 @ 06:22 GMT Apr 1 
*SUP 1: $1.8288 - Low Mar 28 
*SUP 2: $1.8218 - Low March 15 
*SUP 3: $1.7405 - 50-dma 
*SUP 4: $1.7390 - Low Mar 8 
The sharp reversal off Tuesday's high found some support to shift the focus back
on the upside. The focus now shifts the the 200-dma just above current levels,
with a break above here bringing the Mar 27 high & 61.8% retracement level at
$1.9807/9958. Bears focus returns to the Mar 15 low at $1.8218, ahead of the Mar
50-dma & Mar 8 low $1.7403/7390. 

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