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NYMEX RBOB (M19) Bulls Keep The...........>

OIL TECHS
OIL TECHS: NYMEX RBOB (M19) Bulls Keep The Pressure On
*RES 4: $2.3383 - High Oct 3 
*RES 3: $2.2039 - High Oct 17
*RES 2: $2.1270 - 76.4% retracement of Oct-Dec decline
*RES 1: $2.0969 - High Apr 25 
*PRICE: $2.0541 @ 06:04 GMT May 1
*SUP 1: $2.0130/2.0016 - Low April 26/21-dma
*SUP 2: $1.9450 - Uptrend support from Feb lows
*SUP 3: $1.9018 - 200-dma 
*SUP 4: $1.8030 - Low Mar 28 
RBOB futures remain in their uptrend with bulls looking to target the April 25
at $2.0969 to extend gains towards the 76.4% retracement of the Oct-Dec decline.
On the downside a break below Friday's low at $2.0130 and the 21-dma at $2.0116
would tip the balance in bears' favour. Below here would open uptrend support
from the Feb lows at $1.9450 ahead of the 200-dma.

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