Light Sweet Crude Oil AUGUST 2020 has broken through a resistance line of a Pennant and suggests a possible movement to 40.5391 within the next 16 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 7 days.
Related Posts
Could a large bullish move on E-Mini S&P 500 June 2024 be a sign of things to come?
E-Mini S&P 500 June 2024 has moved higher by 1.57% from 5046.0 to 5125.25 in the last 2…
We expect a 160987 pip movement on C for the next 12 hours.
We expect a $15251908 movement on C within the next 12 hours. We expect C to trend upwards…
Lean Hogs June 2024 hits 107.9 after a 6.2% move spanning 6 days
Lean Hogs June 2024 experienced an extremely large move that lasted 6. This movement is in the 95.0…