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FRA40 is quickly approaching 6670.0000. We expect either a breakout through this line, or a rebound.

FRA40 is heading towards a line of 6670.0000. If this movement continues, we expect the price of FRA40 to test 6670.0000 within the next 12 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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We expect 6S to trend downwards today with a 80% chance.

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Light Sweet Crude Oil OCTOBER 2021 – breach of a trending support line that has been tested at least twice before.

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