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Light Sweet Crude Oil MAY 2021 – breach of price line thats been previously tested numerous times before

Light Sweet Crude Oil MAY 2021 has broken through the resistance line of a Resistance. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 7 days and suggests a target line to be around 62.3060 within the next 20 hours.

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We expect FV to trend downwards today with a 83.33% chance.

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Chevron has broken through the resistance line of a Resistance. It has touched this line numerous times in the last 9 days.

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