Crude Continues Lower - United States Oil Fund (ARCA:USO)

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Crude futures are trading lower $0.91 at $43.07 in Tuesday's session. This marks the third straight of declines as the contract ended Thursday's session at $45.38. On Monday, it breached at the support at the $44,20 and ended the session under $44 at $43.98. After a lower open, it could not retake the close, only reaching $43.91 before heading lower. So far, it has reached $42.58 and has rebounded back over $43. The current low coincides with August 28 low ($42.63).

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Joel Elconin is the co-host of Benzinga;s #PreMarket Prep, a daily trading idea radio show.