Back below 50 day MA. Stocks also trading at day lows
Crude oil futures are trading at the lows for the day at $35.64 or 3.14% on the day. In the move lower, the price has moved below the 50 day MA at the $36.40 level. Crude oil futures peaked at $42.49 on March 18th.
Stocks are also trading at low levels for the day. The S&P index is down 9 points or 0.43%. The Nasdaq is trading down 24 points or 0.49%. Both are at low levels for the day.
