Crude oil comes off toward MA targets
100 hour MA at 52.60. 200 hour MA at 52.05
The price of crude oil futures have moved down about $1 in the last hour and -$1.25 from the high. There is nothing on the newswires in the last few minutes.
The fall takes the price down to the 100 hour MA at $52.68. Below that at $52.05 is the 200 hour MA. Look for dip buyers to lean against these MAs.