NYMEX RBOB (K19) Corrective Pullback......>

OIL TECHS: NYMEX RBOB (K19) Corrective Pullback

*RES 4: $2.3533 - High Oct 3 

*RES 3: $2.2655 - Low Oct 8 

*RES 2: $2.2075 - High Oct 16 

*RES 1: $2.1489 - High Apr 22

*PRICE: $2.1036 @ 05:59 GMT Apr 24 

*SUP 1: $1.9930 - Low April 16 

*SUP 2: $1.9310/9216 - Uptrend support from Feb lows/Low April 5 

*SUP 3: $1.9078 - 200-dma

*SUP 4: $1.8147/8136 - Low Mar 28/March 15 

RBOB futures are seeing a corrective pullback from Monday's highs within the

broader bullish trend. Bears need to take out the April 16 low at $1.9930 to

build some momentum and open uptrend support from the Feb lows. To extend the

rally bulls look to take out Monday's high at $2.14898 to open the Oct 16 high

at $2.2075. A break above here would allow a run at the Oct 2018 highs.