Oil Daily Chart – Reversal from 200 SMA WTI crude oil hit strong resistance at the 200 SMA on the daily chart and moved lower. Tuesday’s daily candle formed a strong bearish reversal.

The daily chart for WTI crude oil shows that prices remain under bearish pressure. Prices continue to decline below the 50-day and 200-day SMA, moving toward the $68 support level.

Updated Price for Crude Oil WTI (NYMEX: CLN21). Charting, Price Performance, News & Related Contracts.

Crude Oil False Breakout Strategy Backtest (2010–2024): Code, Filters & Optimization Guide. In this article, we'll explore a trading technique that isn't widely known but is certainly worth ...