Highest close since November 5, 2018
The crude oil futures settled the week at $63.08. That was the highest close since November 5, 2018 when the contract settled at $63.10.
The high today reached $63.34. The low extended to $61.82.
Technically, the futures contract moved above its 200 day MA on Tuesday and closed on each day since then. It will take a move below to turn the bias back to the downside.
