NYMEX RBOB: (K18) Bears Need Close........>

OIL TECHS: NYMEX RBOB: (K18) Bears Need Close Below 55-DMA

*RES 4: $2.0889 - Monthly High Feb 2

*RES 3: $2.0545 - High Mar 26

*RES 2: $2.0426 - High Mar 27

*RES 1: $2.0288 - Hourly resistance Mar 27

*PRICE: $2.0178 @ 0430GMT

*SUP 1: $1.9978 - Low Mar 22

*SUP 2: $1.9881 - 55-DMA

*SUP 3: $1.9650 - High Mar 16 now support

*SUP 4: $1.9557 - High Mar 16 now support

*COMMENTARY: The aggressive break of the 55-DMA and bear channel top off 2018

highs is hesitating around the Bollinger top ($2.0502) which is less than ideal.

Bears continue to loo for a close below the 55-DMA to ease bullish pressure and

hint at a move back to $1.8484-1.8719. Bulls now need a close above $2.0545 to

reconfirm initial focus on $2.0889-1012.