NYMEX RBOB (V19): Filling the gap *RES....>

OIL TECHS: NYMEX RBOB (V19): Filling the gap

*RES 4: $1.7962 - High Jul 11

*RES 3: $1.7785 - High Sep 16

*RES 2: $1.7128 - High Sep 20 and key near-term resistance

*RES 1: $1.6821 - High Sep 24

*PRICE: $1.6299 @ 07:04 BST Sep 26

*SUP 1: $1.6025 - Low Sep 25

*SUP 2: $1.5815 - High Sep 12

*SUP 3: $1.5643 - High Sep 13 and gap low

*SUP 4: $1.5156 - Low Sep 12

RBOB traded lower yesterday breaking through former support at $1.6370, Sep 16

low and below $1.6208, Sep 11 high to fill an initial gap in the chart. A deeper

sell-off is seen likely and this would open $1.5643, Sep 13 high to fill the

entire gap in the chart created by the sharp price spike on Sep 16. $1.7128

marks resistance and as long as this level remains intact, the outlook is

bearish.