NYMEX RBOB: (Q18) 100-DMA Support Now.....>

OIL TECHS: NYMEX RBOB: (Q18) 100-DMA Support Now Key

*RES 4: $2.1749 - High July 10

*RES 3: $2.1469 - Hourly support July 10 now resistance

*RES 2: $2.1200 - 55-DMA

*RES 1: $2.0907 - Low July 3 now resistance

*PRICE: $2.0794 @ 0430GMT

*SUP 1: $2.0518 - 100-DMA

*SUP 2: $2.0109 - Low June 26

*SUP 3: $1.9761 - High Apr 9 now support

*SUP 4: $1.9603 - 200-DMA

*COMMENTARY: Failure to gain topside traction and hesitation ahead of the key

$2.2093 resistance has resulted in a sharp break lower with immediate pressure

on the 100-DMA. Bears need a close below the 100-DMA to shift initial focus to

$1.9603-1.9761 where the 200-DMA is situated. Bulls now need a close above

$2.0907 to gain breathing room and above $2.1469 to shift focus back to

$2.1749-2.2093.