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NYMEX RBOB (M19) $2.0 Back In Focus.......>

OIL TECHS
OIL TECHS: NYMEX RBOB (M19) $2.0 Back In Focus
*RES 4: $2.0969 - High Apr 25 
*RES 3: $2.0854 - High May 17 
*RES 2: $2.0214 - High May 22 
*RES 1: $1.9992 - 21-dma 
*PRICE: $1.9621 @ 03:14 GMT May 28 
*SUP 1: $1.9002/8951 - May 23 low/200-dma 
*SUP 2: $1.8467 - 38.2% retracement 
*SUP 3: $1.8334 - 100-dma 
*SUP 4: $1.8031 - Low March 28 
RBOB futures recovered the 55-dma yesterday opening a return to the 21-dma which
sits just below the $2.0 level. Above here would put the focus back on the May
22 high at $2.0214 ahead of the May 17 high at $2.0854. A downside break of the
May 23 low and 200-dma is needed to open 38.2% retracement of the Dec-April
rally at $1.8467. The 100-dma sits just below at $1.8334.

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