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NYMEX RBOB: (X18) $2.20 In Sight *RES.....>

OIL TECHS: NYMEX RBOB: (X18) $2.20 In Sight
*RES 4: $2.5000 - Resistance 
*RES 3: $2.4000 - Channel top
*RES 2: $2.3000 - Resistance 
*RES 1: $2.2000 - Bull flag breakout target 
*PRICE: $2.1304 @ 06:20 GMT 
*SUP 1: $2.0000 - Support 
*SUP 2: $1.9130 - Low Sep 6 
*SUP 3: $1.8880 - Low Aug 22 
*SUP 4: $1.8657 - 200-dma 
RBOB futures broke above the $2.10 level with ease yesterday on their way to the
$2.20 bull flag target. Above here would likely accelerate gains towards the
channel top at $2.40. On the downside the $2.00 level acts as support which
bears need to overcome to shift the outlook neutral. Below the Sep 6 low of
$1.9130 is needed to threaten the larger bullish trend.

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