Trades above and below unchanged now
The price of WTI crude oil has erased earlier gains and trade it down to a low price of $46.47. That took the price down about $0.28 on the day. The price is rebounding a little bit and trades at $46.90, up $0.15 on the day.
Technically, the fall has taken the price back below its 100 hour moving average early at $46.95. Traders will be watching that level for bias clues. Stay below move lower will be more bearish.
