NYMEX RBOB: (Q18) Above $2.1157 To End....>

OIL TECHS: NYMEX RBOB: (Q18) Above $2.1157 To End Bearish Hopes

*RES 4: $2.1904 - High May 31

*RES 3: $2.1157 - High June 13

*RES 2: $2.1088 - 55-DMA

*RES 1: $2.0758 - 21-DMA

*PRICE: $2.0615 @ 0430GMT

*SUP 1: $2.0527 - Hourly support June 26

*SUP 2: $2.0109 - Low June 26

*SUP 3: $1.9835 - Low June 21

*SUP 4: $1.9761 - High Apr 9 now support

*COMMENTARY: Support emerging on dips back towards last week's low sees pressure

back on the $2.0758-1157 resistance region where 21 & 55-DMAs are located. Bulls

continue to look for a close above $2.1157 to confirm breaks of 21 & 55-DMAs and

shift initial focus to $2.1904-2.2093. Initial support is noted at $2.0527 with

bears needing a close below to gain breathing room and below $1.9761 to confirm

focus on $1.9244-9396 where the 200-DMA is located.