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NYMEX RBOB: (V18) Sep 4 High Back In......>

OIL TECHS
OIL TECHS: NYMEX RBOB: (V18) Sep 4 High Back In Focus
*RES 4: $2.4000 - Resistance 
*RES 3: $2.3000 - Bull flag breakout target 
*RES 2: $2.1150 - High May 22 
*RES 1: $2.0624 - High Sep 4 
*PRICE: $1.9853 @ 05:58 GMT 
*SUP 1: $1.9139 - Law Aug 22 
*SUP 2: $1.8662 - Low Aug 16 
*SUP 3: $1.8698 - 200-dma 
*SUP 4: $1.7762 - Low April 6 
Friday's rally in Oct-18 RBOB futures has extended into Monday's trading with
the $2.0 level within touching distance. Bulls need to overcome this level to
target the Sep 4 high and extend the long-term rally. A close below the 21 and
55-dmas would shift the focus back to the Aug 22 low and allow bears to
challenge the 200-dma. 

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