NYMEX RBOB: (Q18) Bulls Need Close........>

OIL TECHS: NYMEX RBOB: (Q18) Bulls Need Close Above $2.1575

*RES 4: $2.1904 - High May 31

*RES 3: $2.1575 - High June 29

*RES 2: $2.1394 - Daily Bear channel top off 2018 high

*RES 1: $2.1369 - Hourly resistance July 5

*PRICE: $2.1181 @ 0430GMT

*SUP 1: $2.1037 - Hourly support July 6

*SUP 2: $2.0907 - Low July 3

*SUP 3: $2.0784 - 21-DMA

*SUP 4: $2.0709 - Alternating hourly support/resistance

*COMMENTARY: The contract continues to oscillate around the 55-DMA ($2.1189).

Bulls need a close above $2.1575 to confirm a break of the bear channel top and

shift initial focus to $2.1904-2093 and overall focus back to $2.2686 2018

highs. Bears now need a close below the 21-DMA to shift initial focus to

$2.0109-0567 and hint at a move back to $1.9545-1.9761.