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NYMEX RBOB: (Z18) No Change To Bearish....>

OIL TECHS
OIL TECHS: NYMEX RBOB: (Z18) No Change To Bearish Outlook
*RES 4: $2.0939 - High Oct 9 
*RES 3: $1.9887 - High Oct 17 
*RES 2: $1.8628 - 200-dma 
*RES 1: $1.7049 - High Nov 7 
*PRICE: $1.6431 @ 06:10 GMT 
*SUP 1: $1.6234 - Low Mar 2 
*SUP 2: $1.5929 - Low Feb 9 
*SUP 3: $1.5000 - Support 
*SUP 4: $1.3756 - Low Aug 18, 2017 
RBOB futures continue to hit new lows as the well defined bearish trend rolls on
towards the March 2 and Feb 9 lows. Below the Feb 9 and ytd low at $1.5929 would
open the $1.50 level. Bulls need to recover the $1.7049 level marking
Wednesday's high to stabilise the outlook while a break above the 200-dma at
$1.8628 is needed to turn the outlook neutral.

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