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After testing 89.10 numerous times, Chevron is once again approaching this price point. Can we expect a bullish trend to follow?

The movement of Chevron towards 89.10 price line is yet another test of the line it reached numerous times in the past. We expect this line test to happen in the next 7 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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We expect NE to trend upwards today with a 75% chance.

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Light Sweet Crude Oil JANUARY 2021 experienced a very large 19 days bullish move to 41.71

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