NYMEX RBOB: (Q18) Follow Through..........>

OIL TECHS: NYMEX RBOB: (Q18) Follow Through Lacking Above 55-DMA

*RES 4: $2.1904 - High May 31

*RES 3: $2.1503 - Bollinger band top

*RES 2: $2.1260- High June 28

*RES 1: $2.1104 - Hourly resistance June 28

*PRICE: $2.0983 @ 0430GMT

*SUP 1: $2.0727 - 21-DMA

*SUP 2: $2.0709 - Alternating hourly support/resistance

*SUP 3: $2.0527 - Hourly support June 26

*SUP 4: $2.0109 - Low June 26

*COMMENTARY: Failure to manage a close above the 55-DMA ($2.1118) is a concern

for bulls with the Bollinger top lingering above. Bulls now need a close above

$2.1260 to confirm traction above the 55-DMA and to shift initial focus to

$2.1904-2.2093. Layers of support have accumulated with bears now needing a

close below $2.0527 to shift focus back to $1.9761-2.0109 where June lows are

noted.