Crude Oil Futures Break Through 200 Day Moving Average

Jim RinaudoGeneral Commentary

The February WTI (CLG25) trading session settled at 73.13 (+1.41) [+1.97%], a high of 73.73, a low of 71.79. Cash price is at 71.74 (+0.71), while open interest for CLG25 is at 340,630. CLG25 settled above its 5 day (71.23), above its 20 day (69.71), above its 50 day (69.28), above its 100 day (69.69) and above its 200 day …