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: $1.9853 - 55-DMA

*RES 2: $1.9650 - High Mar 16

*RES 1: $1.9520 - Hourly resistance Mar 19

*PRICE: $1.9444 @ 0430GMT

*SUP 1: $1.9321 - Low Mar 19

*SUP 2: $1.9199 - Low Mar 16

*SUP 3: $1.8965 - Low Mar 14

*SUP 4: $1.8719 - Low Mar 2

*COMMENTARY: Pops above the 100-DMA ($1.9581) lack follow through leaving K18

looking a little heavy. Bears need a close below $1.9199 to shift initial focus

back to $1.8484-1.8766 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 ($2.0084) will become a concern.