Crude Approaches The Upper-End of Trading Range ($48.72)

by Hal Lindon, Benzinga Editor
October 6, 2015 12:23 PM | 24 seconds read |
  • Since September 3 has been in a trading range between $43.66 and $48.72.
  • Gained $0.72 on Monday, rallying from $45.54 to $46.26.
  • After a lower open, found support well ahead of Monday's low ($45.21) at $45.73.
  • So far, has reached $48.63, which is $0.09 from the top of the 22 day trading range.
  • API data to be released at 4:30 PM today.
  • EIA data will be released at 10:30 AM on Wednesday.
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