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A final push expected on FRA40 as it starts approaching a price line of 4859.0000.

FRA40 is heading towards a price line of 4859.0000 and could reach this point within the next 13 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.

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Chevron is quickly approaching 77.70. We expect either a breakout through this line, or a rebound.

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There is a 75% chance of HE trending upwards

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