WTI crude oil futures settle at $23.99

Technical Analysis

Author: Greg Michalowski | wti

Down -$0.57 on the day or -2.3%

The price of WTI crude oil futures are ending the day down $0.57 or -2.3% at $23.99. The high for the day reached $26.08. The low was down at $22.58.

Down -$0.57 on the day or -2.3%
Looking at the hourly chart, the lows today were able to stay above a upward sloping trendline. That trend line comes in at $22.84. Going forward stay above that trend line will keep the buyers more in control.
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