WTI futures settle the day (and for the week) up $0.01 at $60.21

Technical Analysis

Up 0.02%

The price of WTI crude oil future are settling the day (and week) by the smallest of margins. The price is up 1 cent or 0.02% at $60.21. 

The high for the day reached $60.74

The low extended to $59.93.

Technically, the price moved above its 200 and 100 day MAs at $58.32 and $59.19 respectively. It will take a move back below those levels to hurt the bullish bias next week.


Products You May Like

Articles You May Like

Sharp Market Decline Holds Key Levels
USDCNH: Zig-Zag Could Complete High-Degree Correction
Gold Buying Resumes, Silver Prices Underperform Gold, Oil Bulls Ease – COT Report
GE shares rise after new analyst at UBS gives stock a buy rating and predicts a big 2020 rebound
RELIEF for Trump & Bojo!

Leave a Reply

Your email address will not be published. Required fields are marked *