Down -$1.15 or -2.45%
The US crude oil futures are ending the session down sharply. The front contract is settling down -1.15% or -2.45% on the day.
The high today reached $47.21
The low reached $45.62.
A week ago, the price close at $46.54. The high reached $47.55 yesterday. The low today is the low for the week.
Technically, the price is closing back below the 50 day MA (at $46.56). the price traded above and below the MA line each day this week. The 38.2% of the move down comes in at $47.09. The price closed above the 38.2% on Wednesday but only by a few cents. It was back lower yesterday.
