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NYMEX RBOB (K19) Uptrend Set To Resume....>

OIL TECHS
OIL TECHS: NYMEX RBOB (K19) Uptrend Set To Resume
*RES 4: $2.2655 - Low Oct 8 
*RES 3: $2.2075 - High Oct 16 
*RES 2: $2.1384 - 76.4% retracement 
*RES 1: $2.0702 - High Apr 10 
*PRICE: $2.0035 @ 05:50 GMT Apr 17 
*SUP 1: $1.9930 - Low April 16 
*SUP 2: $1.9216 - Low April 5 
*SUP 3: $1.9081/9140 - 200-dma/Uptrend support from Feb lows 
*SUP 4: $1.8147/8136 - Low Mar 28/March 15 
RBOB futures briefly broke below the $2.0 level yesterday before upside momentum
resumed to put the focus back on the April 10 high at $2.0702. Above here brings
the 76.4% retracement at $2.1384 into play ahead of the Oct 16 high at $2.2075.
A close back below $2.0 would return the focus back to the April 5 low at
$1.9216, while a break below here would bring the key 200-dma/uptrend support
into play at $1.9081/9140.

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