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NYMEX RBOB: (Z17) Below $1.7687 To Ease...>

OIL TECHS
OIL TECHS: NYMEX RBOB: (Z17) Below $1.7687 To Ease Bullish Pressure
*RES 4: $2.1705 - Monthly high Aug 31 (cont)
*RES 3: $1.9148 - Low Aug 31 now resistance (cont)
*RES 2: $1.8089 - Bollinger band top
*RES 1: $1.7998 - High Nov 3
*PRICE: $1.7800 @ 0430GMT
*SUP 1: $1.7687 - Low Nov 3 
*SUP 2: $1.7548 - Hourly resistance Nov 2 now support
*SUP 3: $1.7288 - High Oct 30 now support 
*SUP 4: $1.7010 - Low Oct 30
*COMMENTARY: O/B daily studies looking for a correction remain the key concern
for bulls who are currently focused on $1.9148. Layers of support continue to
accumulate adding to bullish confidence. bears now need a close below $1.7687 to
ease immediate bullish pressure and below $1.7288 to shift focus back to
$1.6550-1.6625 where the 21-DMA is located.

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