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NYMEX RBOB: (X18) 200-DMA Still Under.....>

OIL TECHS
OIL TECHS: NYMEX RBOB: (X18) 200-DMA Still Under Pressure
*RES 4: $2.3000 - Resistance 
*RES 3: $2.1500 - High Oct 3 
*RES 2: $2.1000 - High Oct 9 
*RES 1: $1.9900 - High Oct 17 
*PRICE: $1.8980 @ 06:07 GMT 
*SUP 1: $1.8862 - 200-dma 
*SUP 2: $1.8402 - Low Aug 16 
*SUP 3: $1.8352 - Low July 17 
*SUP 4: $1.8000 - Support 
RBOB futures continue to underperform as the 200-dma acts as the last line of
defense ahead of the range lows seen on Aug 16/Jul 17 at $1.8402/1.8352. Below
here risks accelerating declines. Bulls need to hold the 200-dma to keep the Oct
17 high at $1.9900 alive, above which would return the outlook positive. 

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