Chart of the Day - Wednesday, September 25th, 2019
September 25, 2019
Today's Chart of the Day was shared on Twitter by John Kicklighter (@JohnKicklighter). It's a daily chart of Crude Oil futures over the past 12-months. The chart emphasizes the roller coaster ride that the commodity has been on recently. Last Monday, Crude Oil had its largest single-day percentage gain in over two decades. Price gapped up over 10% and went on to close up 14.56% that day. Crude Oil has given back nearly that entire move in just seven trading days. John points out that today's intraday lows filled the gap or 'window' that was formed from last Monday's price action.