Up $0.36 on the day or 0.55%
The price of crude oil is settling at $66.10, up $0.36 or 0.55%.
The high reached $66.35. The low extended down to $64.85.
Technically, the price spiked back above the 100 and 200 hour MAs at $65.46 and $65.99. The close above the 200 hour MA is the first since May 24th. Stay above is more bullish. Move below and then the 100 hour MA will put the sellers back in control.
The next target on the topside comes in at the 38.2% at $67.51.
