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Light Sweet Crude Oil SEPTEMBER 2020 – breach of price line thats been previously tested numerous times before

Light Sweet Crude Oil SEPTEMBER 2020 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 12 days and suggests a target line to be around 43.3250 within the next 2 days.

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Support line breached by FRA40. This price has been tested at least twice before.

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Important price line breached by SPX500. This price has been tested numerous times before.

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