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Unitedhealth Group Inc. – breach of a trending resistance line that has been tested at least twice before.

Unitedhealth Group Inc. has broken through the resistance line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 20 days and suggests a possible target level to be around 456.88 within the next 23 hours.

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We expect a 159 pip movement on CL within 2 hours following the event release.

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We expect NE to trend upwards today.

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