Market Overview

Crude Tests Major Support Again

Related USO
#Premarket Prep Technical Update - Crude Trading Higher
ETFs React To President Obama's Speech

In the last three trading sessions, Crude futures have traded within 0.22 of the low of the recent move that was made on November 14 (93.16). Since making the low in Wednesday's trading, the contract has rebounded with 0.11 of the intraday high at 94.48.

Posted-In: Futures Technicals Commodities Markets Trading Ideas

 

Related Articles (USO)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters