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NYMEX RBOB (J19) Upside Focus Remains.....>

OIL TECHS
OIL TECHS: NYMEX RBOB (J19) Upside Focus Remains
*RES 4: $1.9348 - 200-dma 
*RES 3: $1.8249 - High Nov 16
*RES 2: $1.7800 - High Feb 22
*RES 1: $1.7641 - High Feb 27
*PRICE: $1.7608 @ 04:36 GMT Mar 1 
*SUP 1: $1.6972 - Feb 25 low 
*SUP 2: $1.6834 - 21-dma 
*SUP 3: $1.6562 - High Feb 4 
*SUP 4: $1.5513 - Jan 28 low 
April RBOB futures sit just below the Feb 22 ytd high at $1.7641 with bulls
looking for a break above here to extend the recovery to the Nov 16 high at
$1.8249 and the 200-dma which crosses at $1.9348. To regain the upper hand bears
need to break back below the Feb 25 low at $1.6972 to open the 21-dma which
comes in at $1.6834. Below here would bring the Jan 28 low at $1.3230 into view.

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