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Exxon Mobil Corp. is quickly approaching 45.54. We expect either a breakout through this line, or a rebound.

Exxon Mobil Corp. is heading towards a line of 45.54. If this movement continues, we expect the price of Exxon Mobil Corp. to test 45.54 within the next 3 days. 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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Support line breached by FRA40. This price has been tested at least twice before.

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E-mini S&P 500 SEPTEMBER 2020 – breach of a trending support line that has been tested at least twice before.

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