WTI crude oil futures settle at $41.04

Technical Analysis

Author: Greg Michalowski | crude-oil

Up $0.84 or 2.09%

The price of WTI crude oil futures for November delivery closed at $41.04. That's up $0.84 or 2.09%

The high  for the day reached $41.13.
The low for the day extended to $39.82.

Looking at the daily chart below, the price is closing above its 200 day moving average at $40.86. That tilts the bias a little more to the upside. Stay above is more bullish.

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