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A final push expected on Light Sweet Crude Oil MAY 2021 as it starts approaching a price line of 57.4400.

Light Sweet Crude Oil MAY 2021 is heading towards a price line of 57.4400 and could reach this point within the next 3 days. 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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Verizon Communications Inc. is quickly approaching 58.70. We expect either a breakout through this line, or a rebound.

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EUSTX50 – breach of a trending support line that has been tested at least twice before.

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