October 7, 2022 Market News Comments : 0 Oil to Mirror August Price Action on Failure to Hold Above 50-Day SMA The price of oil may mirror the price action from August if crude struggles to hold above the 50-Day SMA ($88.08). Share This Article : Previous Post S&P 500, Dow and Nasdaq Under Pressure, USD Stands Tall as Sentiment Sours Next Post USD/JPY Above 145 to Test MOF, BoJ’s Mettle After Yield Surge Charges the US Dollar