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Breach of 53.7900 could mean a start of a bullish trend on Light Sweet Crude Oil NOVEMBER 2019

Light Sweet Crude Oil NOVEMBER 2019 has broken through a line of 53.7900. If this breakout holds true, we expect the price of Light Sweet Crude Oil NOVEMBER 2019 to test 54.8370 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

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We expect HO to trend upwards today with a 66.67% chance.

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