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NYMEX RBOB: (X18) Fresh Highs Hit *RES....>

OIL TECHS
OIL TECHS: NYMEX RBOB: (X18) Fresh Highs Hit
*RES 4: $2.4000 - Resistance 
*RES 3: $2.3000 - Resistance 
*RES 2: $2.2000 - Bull flag breakout target 
*RES 1: $2.1000 - Resistance 
*PRICE: $2.0959 @ 06:30 GMT 
*SUP 1: $2.0000 - Support
*SUP 2: $1.9130 - Low Sep 6 
*SUP 3: $1.8880 - Low Aug 22 
*SUP 4: $1.8631 - 200-dma 
RBOB futures managed to overcome their May 22 high of $2.0756 with ease as bulls
extend the rally and focus on the $2.20 bull flag target. 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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