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NYMEX RBOB: (Z17) O/B Daily Studies A.....>

OIL TECHS
OIL TECHS: NYMEX RBOB: (Z17) O/B Daily Studies A Concern
*RES 4: $1.8920 - High July 20 2015
*RES 3: $1.8100 - 2017 high Feb 10 (cont)
*RES 2: $1.7825 - Monthly high Aug 31 (cont)
*RES 1: $1.7331 - Dally Bull channel Top
*PRICE: $1.7182 @ 0330GMT
*SUP 1: $1.7111 - Hourly support Oct 27
*SUP 2: $1.6843 - Low Oct 27 
*SUP 3: $1.6658 - Low Oct 25 
*SUP 4: $1.6550 - High Oct 23 now support
*COMMENTARY: Fresh 2017 highs continue following the bounce from ahead of the
$1.6200 support. Bears now need a close below $1.7110 to gain breathing room and
below $1.6550 to shift focus back to $1.5918-1.6250 where the 21-DMA ($1.6154)
is located. Bulls remain focused on the bull channel tops and then
$1.7825-1.8100 where 2017 highs are located. O/B daily studies and the Bolli top
($1.7248) are concerns for bulls.

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