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Support line breached by Light Sweet Crude Oil JANUARY 2020. This price has been tested at least twice before.

Light Sweet Crude Oil JANUARY 2020 has broken through the support line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 58.6673 can be expected within the next 5 hours.

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We expect a $34,210.608 movement on ES within the next 2 hours.

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We expect ZT to trend upwards for the next 12 hours.

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