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NYMEX RBOB: (Z17) Below $1.7998 To Ease...>

OIL TECHS
OIL TECHS: NYMEX RBOB: (Z17) Below $1.7998 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: $1.8390 - High Nov 6
*RES 1: $1.8229 - Hourly resistance Nov 7
*PRICE: $1.8067 @ 0430GMT
*SUP 1: $1.7998 - High Nov 3 now support
*SUP 2: $1.7687 - Low Nov 3 
*SUP 3: $1.7548 - Hourly resistance Nov 2 now support 
*SUP 4: $1.7288 - High Oct 30 now support
*COMMENTARY: O/B daily studies looking for a correction and the Bollinger top
($1.8495) remain the key concerns for bulls who are currently focused on
$1.9148. Layers of support remain with bears needing a close below $1.7998 to
ease immediate bullish pressure and below $1.7687 to shift focus back to
$1.6840-1.7012 where the 21-DMA is located.

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