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NYMEX RBOB: (X18) Stuck Below Its.........>

OIL TECHS
OIL TECHS: NYMEX RBOB: (X18) Stuck Below Its 55-DMA 
*RES 4: $2.4000 - Channel top 
*RES 3: $2.3000 - Resistance 
*RES 2: $2.1500 - High Oct 3 
*RES 1: $1.9733 - 55-dma 
*PRICE: $1.9612 @ 05:42 GMT 
*SUP 1: $1.9081 - Low Oct 12, up trendline support
*SUP 2: $1.8821 - 200-dma 
*SUP 3: $1.8402 - Low Aug 16 
*SUP 4: $1.8352 - Low July 17 
RBOB futures continue to struggle to recover the 55-dma but the bounce off of up
trendline support has kept the broader positive picture intact. Bulls need to
recover the 55-dma to reignite upside momentum, while a close below $1.9081
would tip the balance in favour of the bears, opening up a challenge of the
200-dma. 

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