Light Sweet Crude Oil Front Month up to 43.1600
Approaching Resistance level of 43.1600 identified at 04-Sep-2020 05:00 EDT
Approaching Resistance level of 43.1600 identified at 04-Sep-2020 05:00 EDT
Approaching Resistance level of 3516.2500 identified at 04-Sep-2020 04:45 EDT
Falling Wedge identified at 03-Sep-2020 14:00 EDT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 140.3750 within the next 6 hours.
Approaching Support level of 1908.4000 identified at 03-Sep-2020 04:00 EDT
Channel Up identified at 04-Sep-2020 04:00 EDT. This pattern is still in the process of forming. Possible bearish price movement towards the support 139.0313 within the next 2 days.
Channel Up identified at 01-Sep-2020 12:00 EDT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 364.2500 within the next day.
Approaching Support level of 1908.4000 identified at 02-Sep-2020 12:00 EDT
Channel Up has broken through the support line at 03-Sep-2020 07:00 EDT. Possible bearish price movement forecast for the next 16 hours towards 3556.0863.
Rising Wedge has broken through the support line at 03-Sep-2020 04:00 EDT. Possible bearish price movement forecast for the next 16 hours towards 176.5037.
Channel Up identified at 03-Sep-2020 00:00 EDT. This pattern is still in the process of forming. Possible bearish price movement towards the support 139.0313 within the next 23 hours.