NYMEX RBOB: (N18) Bears Need Close........>

OIL TECHS: NYMEX RBOB: (N18) Bears Need Close Below 55-DMA

*RES 4: $2.1724 - High June 1

*RES 3: $2.1550 - Hourly resistance June 1

*RES 2: $2.1379 - Hourly resistance June 4

*RES 1: $2.1098 - Hourly resistance June 5

*PRICE: $2.0997 @ 0430GMT

*SUP 1: $2.0833 - Bollinger band base

*SUP 2: $2.0547 - Low May 3

*SUP 3: $2.0378 - 100-DMA

*SUP 4: $2.0197 - Low Apr 11

*COMMENTARY: Bears take comfort as the contract flirts with the 55-DMA ($2.1009)

with a close below needed to add weight to the case for a test of $2.0197-0547

where the 100-DMA is noted. Bulls now need a close above $2.1550 to gain

breathing room and above $2.2195 to shift immediate focus back to 2018 highs.

O/S daily studies and the Bollinger base are key concerns for bears.