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NYMEX RBOB (K19) New Highs Fail To Hold...>

OIL TECHS
OIL TECHS: NYMEX RBOB (K19) New Highs Fail To Hold
*RES 4: $2.3533 - High Oct 3 
*RES 3: $2.2655 - Low Oct 8 
*RES 2: $2.2075 - High Oct 16 
*RES 1: $2.1559 - High Apr 25 
*PRICE: $2.1244 @ 05:55 GMT Apr 26 
*SUP 1: $1.9930 - Low April 16 
*SUP 2: $1.9380/9276 - Uptrend support from Feb lows/Low April 5 
*SUP 3: $1.9081 - 200-dma 
*SUP 4: $1.8147/8136 - Low Mar 28/March 15 
RBOB futures posted fresh cycle highs yesterday but gains were short lived. The
uptrend remains firmly intact but there are some signs of stalling momentum
keeping the outlook neutral. Bulls look for a break above yesterday's high at
$2.1559 to extend the rally while bears look to take out the April 16 low at
$1.9930 to suggest a downside reversal. 

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