Market Overview

Crude Declines

Share:
Related USO
Rig Counts Still Falling In America
Dennis Gartman: U.S. Dollar Trade In 'Only The 4th Or 5th Inning'
Is Now A Good Time To Invest In Energy? (Seeking Alpha)

After bouncing off the support at the 94 level and then testing the resistance the 95 level in Monday's trading, Crude futures have come within 0.22 of its recent low (93.16). If the decline continues, there may not be any major support until the June 29 low (92.65)

Posted-In: Futures Technicals Commodities Markets Trading Ideas

 

Related Articles (USO)

Get Benzinga's Newsletters