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NYMEX RBOB: (Z18) Clinging To Up..........>

OIL TECHS
OIL TECHS: NYMEX RBOB: (Z18) Clinging To Up Trendline Support 
*RES 4: $2.0939 - High Oct 9 
*RES 3: $1.9887 - High Oct 17 
*RES 2: $1.8552 - 200-dma 
*RES 1: $1.6104 - High Nov 16 
*PRICE: $1.5088 @ 06:14 GMT 
*SUP 1: $1.5000 - Up trendline support from 2016 lows 
*SUP 2: $1.4000 - Support 
*SUP 3: $1.3756 - Low Aug 18, 2017 
*SUP 4: $1.2986 - Low June 21, 2017 
RBOS futures are clinging to up trendline support from the 2016 lows, which
comes in around the $1.50 level. While this level was briefly taken out
yesterday it is back above it for now. Bulls need to hold yesterday's lows to
gain some breathing room and target the Nov 16 high at $1.6104. Above here would
open the 200-dma at $1.8522. A firm break below up trendline support would open
a return tot he $1.40 level. 

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