After testing 42.0800 numerous times, Light Sweet Crude Oil SEPTEMBER 2020 has finally broken through. Can we expect a bullish trend to follow?

The breakout of Light Sweet Crude Oil SEPTEMBER 2020 through the 42.0800 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of Light Sweet Crude Oil SEPTEMBER 2020 to test 42.9610 within the next 18 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.