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

OIL TECHS: NYMEX RBOB: (K18) Bulls Need Close Above $1.9982

*RES 4: $2.0331 - High Apr 2

*RES 3: $2.0206 - Hourly support Apr 2 now resistance

*RES 2: $1.9982 - Hourly resistance Apr 2

*RES 1: $1.9913 - High Apr 5

*PRICE: $1.9885 @ 0430GMT

*SUP 1: $1.9718 - Hourly resistance Apr 9 now support

*SUP 2: $1.9609 - Hourly support Apr 9

*SUP 3: $1.9363 - Low Apr 3

*SUP 4: $1.9199 - Low Mar 16

*COMMENTARY: Whippy volatile trading now sees pressure back on the key $1.9982

resistance. Bulls still need a close above $1.9982 to gain breathing room and

above $2.0545 to shift focus back to $2.0889-1012.The $1.9609-1.9718 support

region is key today. Bears look for a close below this region to ease pressure

on $1.9982 and see focus shift back to the $1.9363 support.