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After testing support twice in the past, US30 has finally broken through. Can we expect a bearish trend to follow?

The breakout of US30 through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of US30 to test 31242.6616 within the next 5 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.

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Important price line being approached by Light Sweet Crude Oil MARCH 2021. This price has been tested numerous times before.

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We expect 6C to trend upwards right now.

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