NYMEX RBOB: (Z18) Sitting On The $1.50....>

OIL TECHS: NYMEX RBOB: (Z18) Sitting On The $1.50 Level

*RES 4: $2.0939 - High Oct 9 

*RES 3: $1.9887 - High Oct 17 

*RES 2: $1.8544 - 200-dma 

*RES 1: $1.6104 - High Nov 16 

*PRICE: $1.5000 @ 05:52 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 remain under pressure as the $1.50 level continues to be tested. A

clean break below below here would break up trendline support from the 2016

lows, adding further bearish momentum, opening a return the $1.40 level. 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 $1.8544.