Crude Oil Futures Attempting To Find Support

April Crude Oil futures are trading lower by $0.92 at $36.26 in Tuesday's session. In after-hours trading, the contract found resistance just above Monday's close ($37.18), reaching $37.40 before turning lower. At this time, it has made a low at $36.06 and is attempting to rebound. That level coincides with a pair of lows from March 7 ($36.09) and March 8 ($36.12). If the decline continues under $36, the next low based on the daily charts does not come in until its March 4 low ($34.40).
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: FuturesTechnicalsCommoditiesIntraday UpdateMarketsMoversTrading Ideas
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!