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).
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