Down $0.06 or -0.11%
The price of crude oil futures are settling at $52.75 near session lows. That is down -$0.06 or -0.11% on the day.
The high reached $54.06.
The low reached $52.59
Technically, the price rise today was able to get above the 100 hour MA and trend line but that break (100 hour MA is at $53.05) failed. The price fell back below the 100 hour MA and trend line. Staying below those levels keeps the bears more in control. It’ll now take a move back above the trend line and MA.