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After testing support twice in the past, Light Sweet Crude Oil JANUARY 2022 has finally broken through. Can we expect a bearish trend to follow?

The breakout of Light Sweet Crude Oil JANUARY 2022 through the support line of a Descending Triangle could be a sign of the road ahead. If this breakout persists, we may see the price of Light Sweet Crude Oil JANUARY 2022 testing 69.1447 within the next 5 hours.

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Merck & Co. Inc. – breach of a trending resistance line that has been tested at least twice before.

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We expect UB to trend downwards for the next 2 hours.

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