Down -0.07% on the day

The price of crude oil dipped below the $70 for the first time since June 26thtoday. The low reached $69.23. The high extended to $71.24

The 100 day MA is down at $66.86. Is the price heading down for a test of that level? If so, look for buyers on the first test.

Brent crude settled today at $74.45 up $1.05 or +1.43%