NYMEX RBOB: (M18) 21-DMA Now Key..........>

OIL TECHS: NYMEX RBOB: (M18) 21-DMA Now Key Support

*RES 4: $2.0897 - 2018 High Jan 26

*RES 3: $2.0836 - Bollinger band top

*RES 2: $2.0799 - High Apr 11

*RES 1: $2.0604 - Hourly support Apr 13 now resistance

*PRICE: $2.0572 @ 0430GMT

*SUP 1: $2.0305 - Low Apr 17

*SUP 2: $2.0260 - Low Apr 11

*SUP 3: $2.0194 - 21-DMA

*SUP 4: $1.9941 - High Apr 5 now support

*COMMENTARY: Hesitation ahead of 2018 highs remains a concern for bulls with the

Bollinger band top ($2.0836) limiting follow through. Bears now look for a close

below the 21-DMA to confirm an easing of bullish pressure and shift immediate

focus to $1.9414-1.9941 where the 55 & 100-DMAs are noted. While $2.0260

supports bulls maintain the upper hand but need a close above $2.0604 to gain

breathing room and above $2.0897 to target $2.1705 2017 highs.