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NYMEX RBOB: (X17) Bears Need Close........>

OIL TECHS: NYMEX RBOB: (X17) Bears Need Close Below $1.5705
*RES 4: $1.6289 - Hourly resistance Sept 27
*RES 3: $1.6236 - High Sept 29
*RES 2: $1.6025 - Hourly support Sept 29 now resistance
*RES 1: $1.5915 - Hourly resistance Oct 2
*PRICE: $1.5835 @ 0430GMT
*SUP 1: $1.5705 - Low Sept 12
*SUP 2: $1.5430 - Low Sept 5
*SUP 3: $1.5370 - Daily Bull channel base
*SUP 4: $1.5288 - 55-DMA
*COMMENTARY: The daily bull channel top ($1.6924) capped last week with the
sell-off from fresh 2017 highs leaving the contract looking a little heavy.
Focus is on the $1.5705 support with a close below needed to shift focus to
$1.5288-1.5430 where the 55-DMA and bull channel base are situated. Resistance
layers continue to weigh with bulls needing a close above $1.6025 to gain
breathing room and above $1.6289 to shift focus higher.

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