Sequences of rotational resonances (rotational bands) and corresponding antiresonances are observed in ion collisions. In this paper we propose a description which combines collective and single-particle features of cluster collisions. It is shown how rotational bands emerge in manybody dynamics, when the degeneracies proper of the harmonic oscillator spectra are removed by adding interactions depending on the angular momentum. These interactions can be properly introduced in connection with the exchange-forces and the antisymmetrization, and give rise to a class of non-local potentials whose spectral properties are analyzed in detail. In particular, we give a classification of the singularities of the resolvent, which are associated with bound states and resonances. The latter are then studied using an appropriate type of collective coordinates, and a hydrodynamical model of the trapping, responsible for the resonances, is then proposed. Accordingly, we derive, from the uncertainty principle, a spin-width of the unstable states which can be related to their angular lifetime.