Closes higher by $0.23 or 0.43%

The price of crude oil futures are settling the day at $53.48. That is up $.23 or 0.43% on the day.Let's go to sleep

Closes higher by $0.23 or 0.43%

The hard today reached $53.78. The low extended to $52.43.

That range sits between the 50% retracement level above at $54.56 and the 61.8% retracement below $51.72. Those are the next support below and topside resistance on the daily chart now.