NYMEX RBOB: (K18) Lacks Follow Through....>

OIL TECHS: NYMEX RBOB: (K18) Lacks Follow Through Above 100-DMA

*RES 4: $2.0237 - High Feb 26

*RES 3: $2.0088 - Bollinger band top

*RES 2: $1.9863 - 55-DMA

*RES 1: $1.9650 - High Mar 16

*PRICE: $1.9486 @ 0430GMT

*SUP 1: $1.9448 - High Mar 15 now support

*SUP 2: $1.9199 - Low Mar 16

*SUP 3: $1.8965 - Low Mar 14

*SUP 4: $1.8719 - Low Mar 2

*COMMENTARY: The break of the 100-DMA ($1.9571) lacked follow through Friday

with initial pressure back on the $1.9448 support. Bears need a close below

$1.9448 to gain breathing room and below $1.9199 to shift initial focus back to

$1.8484-1.8770 where monthly lows and the Bollinger base are noted. The

$1.9650-2.0237 resistance region is now key with a close above to shift focus

back to 2018 highs although the Bollinger top will become a concern.