Light Sweet Crude Oil Front Month up to 40.6000
Approaching Resistance level of 40.6000 identified at 02-Jul-2020 04:00 EDT
Approaching Resistance level of 40.6000 identified at 02-Jul-2020 04:00 EDT
Broke through Resistance level of 40.1100 at 01-Jul-2020 03:30 EDT
Rising Wedge identified at 22-Jun-2020 23:00 EDT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 41.2300 within the next day.
Approaching Resistance level of 39.1000 identified at 18-Jun-2020 05:00 EDT
Broke through Resistance level of 37.2800 at 16-Jun-2020 05:00 EDT
Approaching Support level of 34.2700 identified at 14-Jun-2020 21:00 EDT
Light Sweet Crude Oil Front Month experienced a 7.99% bearish movement in the last 29 hours.
Triangle identified at 11-Jun-2020 04:00 EDT. This pattern is still in the process of forming. Possible bearish price movement towards the support 37.0700 within the next 2 days.
Light Sweet Crude Oil Front Month experienced a 249.73% bullish movement in the last 49 days.
Channel Up has broken through the support line at 08-Jun-2020 12:00 EDT. Possible bearish price movement forecast for the next day towards 35.8165.