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Big movement expected on Light Sweet Crude Oil MAY 2021 after a breach of the support

Light Sweet Crude Oil MAY 2021 has broken through a support line of a Channel Up and suggests a possible movement to 59.6158 within the next 20 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 5 days.

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We expect a 71 pip movement on ZN within 48 hours following the event release.

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After experiencing a 3.88% bullish move in the space of 5 days, nobody knows where Unitedhealth Group Inc. is headed.

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