Crude Oil Poised To End Three-Day Skid - United States Oil Fund (ARCA:USO)

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Crude Oil futures are trading higher by $1.44 at $44.64 in Wednesday's session. After a higher open, the contract retreated and found support just under Tuesday's close ($43.20), reaching $43.06 before turning higher.So far, the rally has found resistance just above Monday's high ($44.94), reaching $44.96. Since making the high, it has found intraday support at $44.38.

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

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