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

OIL TECHS: NYMEX RBOB: (K18) Bulls Need Close Above $1.9601

*RES 4: $1.9883 - 55-DMA

*RES 3: $1.9601 - Alternating daily support/resistance

*RES 2: $1.9336 - 21-DMA

*RES 1: $1.9180 - Hourly resistance Mar 9

*PRICE: $1.9028 @ 0430GMT

*SUP 1: $1.8795 - Low Mar 8

*SUP 2: $1.8719 - Low Mar 2

*SUP 3: $1.8557 - Bollinger band base

*SUP 4: $1.8484 - Monthly Low Feb 13

*COMMENTARY: Bulls take comfort in support emerging on dips back towards the

$1.8484-1.8719 support region where the Bollinger base is located. bears need a

close below $1.8484 to confirm focus on $1.7749-1.8055 where the 200-DMA

($1.8055) is noted. The 21-DMA continues to cap with bulls needing a close above

$1.9601 to confirm a break and shift initial focus to $1.9883-2.0237 where the

55-DMA is situated.