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NYMEX RBOB: (X18) Struggling To...........>

OIL TECHS
OIL TECHS: NYMEX RBOB: (X18) Struggling To Overcome Its 55-DMA
*RES 4: $2.4000 - Channel top 
*RES 3: $2.3000 - Resistance 
*RES 2: $2.1500 - High Oct 3 
*RES 1: $1.9739 - 55-dma 
*PRICE: $1.9612 @ 05:42 GMT 
*SUP 1: $1.9081 - Low Oct 12 
*SUP 2: $1.8812 - 200-dma 
*SUP 3: $1.8402 - Low Aug 16 
*SUP 4: $1.8352 - Low July 17 
RBOB futures remain the laggard in the sector, failing to break back above its
55-dma on Friday despite the bounce. Bulls need to overcome this level to return
the focus to the upside and the Oct 3 high at $2.15. On the downside, bears need
to close below Friday's low at $1.9081 to open the 200-dma at $1.8812. Below
here would suggest a bearish reversal pattern is in play. 

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