WTI down 2.6%
WTI crude is carving out a fresh low for the day at $49.36 and has broken the 61.8% retracement of the March-April rally.
![](http://az705044.vo.msecnd.net/20170421/crude-techs.jpg)
The Baker-Hughes rig count is due out at the top of the hour.
WTI crude is carving out a fresh low for the day at $49.36 and has broken the 61.8% retracement of the March-April rally.
The Baker-Hughes rig count is due out at the top of the hour.