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Important price line being approached by US30. This price has been tested numerous times before.

US30 is moving towards a line of 34390.0000 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If US30 continues in its current trajectory, we can expect it to reach 34390.0000 within the next 2 days.

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A final push expected on Light Sweet Crude Oil JULY 2021 as it starts approaching a price line of 66.6900.

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