NYMEX RBOB (M19) DMAs Mark Support and....>

OIL TECHS: NYMEX RBOB (M19) DMAs Mark Support and Resistance 

*RES 4: $2.0969 - High Apr 25 

*RES 3: $2.0854 - High May 17 

*RES 2: $2.0214 - High May 22 

*RES 1: $1.9590 - 55-dma 

*PRICE: $1.9370 @ 03:00 GMT May 27 

*SUP 1: $1.9002/8950 - May 23 low/200-dma 

*SUP 2: $1.8467 - 38.2% retracement 

*SUP 3: $1.8332 - 100-dma 

*SUP 4: $1.8031 - Low March 28 

RBOB futures sit between the 55-dma on the upside and the 200-dma on the

downside with a break in either direction likely to determine the near term

direction. An upside break 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 would open 38.2%

retracement of the Dec-April rally at $1.8467. The 100-dma sits just below at

$1.83320.