WTi crude oil settles at $77.90
Crude oil falls away from its 100 hour MA and swing area Looking at the daily chart above, the price highs over the last 8 or so trading days have been skimming near the 100 day MA (blue line) at $81.88. The high price on Friday reached above that MA but could not reach the […]
WTI crude futures settles at $80.13
Crude oil settled just below the 200 are moving average The high for the day reached $82.22. The low extended to $79.66. The high price yesterday reached the high price from last week near $82.66. The double top neutralize the market a bit. Moving below the 100 hour moving average with momentum in the New […]
WTI crude oil settles at $79.86
Crude oil prices testing the downward sloping trendline The price of WTI crude oil is settling at $79.86. That is up $1.47 or 1.88%. The high for the day is not far from the sell price at $39.89. The low was down at $77.97. For the trading week, the prices of 8.15% after closing last […]