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NYMEX RBOB: (V18) Above $2.0 Keeps........>

OIL TECHS
OIL TECHS: NYMEX RBOB: (V18) Above $2.0 Keeps Outlook Bullish
*RES 4: $2.3000 - Bull flag breakout target 
*RES 3: $2.2000 - Resistance 
*RES 2: $2.1150 - High May 22 
*RES 1: $2.0624 - High Sep 4 
*PRICE: $2.0198 @ 05:57 GMT 
*SUP 1: $1.9260 - Low Sep 6 
*SUP 2: $1.9139 - Low Aug 22 
*SUP 3: $1.8662 - Low Aug 16 
*SUP 4: $1.8710 - 200-dma 
The rally above $2.00 has returned the focus to the upside with the Sep 4 high
at $2.0624 now firmly in sight. A break above this level would suggest a bullish
continuation pattern is playing out, opening up the May 22 high at $2.1150 and
beyond. A close below the Sep 6 low of $1.9260 is needed to shift the outlook
neutral, while a break below the Aug 16 low would return the focus to the
downside. 

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