NYMEX RBOB: (V17) $1.6734-1.6937..........>

OIL TECHS: NYMEX RBOB: (V17) $1.6734-1.6937 Resistance Region Key

*RES 4: $1.7509 - High Sept 5

*RES 3: $1.7102 - Hourly resistance Sept 5

*RES 2: $1.6937 - High Sept 7

*RES 1: $1.6734 - High Sept 8

*PRICE: $1.6537 @ 0430GMT

*SUP 1: $1.6435 - Hourly support Sept 12

*SUP 2: $1.6221 - Hourly support Sept 11

*SUP 3: $1.6213 - Daily Bull channel base

*SUP 4: $1.6006 - Low Sept 11

*COMMENTARY: Daily studies correcting from O/B are weighing and resulted in a

dip back to the daily bull channel base Monday. Bears now look for a close below

the 21-DMA ($1.5985) to shift focus to 55 ($1.5027) & 200 ($1.5184) DMAs. Bulls

take a little comfort in the bounce from the daily bear channel base but now

look for a close above $1.6734 to gain breathing room and above $1.6937 to

return focus to $1.7509-1.7832.