November 06, 2020 at 07:37PM
WTI Crude oil futures settle at $37.14
WTI crude oil futures settle down $1.65 or -4.25%
Technically, the price has been moved back toward the swing low and retracement area between $36.93 and $37.11. Next week that area will be a key swing area for both the buyers and sellers. Move below would be more bearish. Move above is more bullish.