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Big movement expected on Light Sweet Crude Oil FEBRUARY 2020 after a breach of the support

Light Sweet Crude Oil FEBRUARY 2020 has broken through a support line of a Rising Wedge and suggests a possible movement to 60.7893 within the next 17 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 3 days.

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We expect ZR to trend downwards today.

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We expect GC to trend downwards today with a 66.67% chance.

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