The price of WTI crude oil futures are settling at $70.71. That is down $0.58 or -0.81%.
The high price reached 70 hours and $0.72. The low price was a $70.01 in what has been up and down trading today. The rising 100 hour moving average comes in at $69.94. It would take a move below that moving average to increase the bearish bias.
This article was written by Greg Michalowski at www.forexlive.com.
