April RBOB prices reached a new contract high overnight but retreated from those levels throughout the morning hours. Some traders indicated that a weak macro economic tone might have contributed to the early slide. It is possible that the recent shift in Midwest cash gasoline markets to the March cycle could be a force that tempers the urgency seen in the RBOB rally. After all, RBOB prices experienced a 20% gain in 2012 into Friday's close. The Commitments of Traders Futures and Options report as of February 21st showed non-commercial traders were net long 88,208 contracts, an increase of 1,675. Non-commercial and non-reportable traders combined held a net long position of 103,077 contracts, a new record high. This represents an increase of 2,288 contracts in the net long position held by these traders..