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NYMEX RBOB: (K18) $1.9913 Support Now.....>

OIL TECHS
OIL TECHS: NYMEX RBOB: (K18) $1.9913 Support Now Key
*RES 4: $2.1012 - 2018 High Jan 26
*RES 3: $2.0889 - Monthly High Feb 2
*RES 2: $2.0648 - Bollinger band top
*RES 1: $2.0545 - High Mar 26
*PRICE: $2.0273 @ 0430GMT
*SUP 1: $2.0051 - Hourly resistance Apr 10 now support
*SUP 2: $1.9981 - High Apr 3 now support
*SUP 3: $1.9913 - High Apr 5 now support
*SUP 4: $1.9718 - Hourly resistance Apr 9 now support
*COMMENTARY: Immediate bullish focus has shifted to $2.0545 following the
aggressive break of $1.9981 and above $2.0545 needed to confirm focus on
$2.0889-1012 where 2018 highs are located. Daily studies are well placed for a
fresh leg higher. Bears now need a close below $1.9913 to confirm a false break
higher and to sees initial focus back to $1.9363 Apr lows so far.

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