NEWS: Crude oil falls below 100 and 200 hour moving averages May 18, 2021 at 05:18PM

NEWS: Crude oil falls below 100 and 200 hour moving averages May 18, 2021 at 05:18PM

Encouraged by Iran nuclear talks
Adam’s post here
The price of WTI crude oil futures fell down toward the $64 level (the low reached $64.11). In the process, the 100 /200 hour MAs were broken at $65.30 and $65.16 respectively. It would take a move back above those moving averages to increase the bullish bias now. Sellers are now

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