{"id":436178,"date":"2026-08-13T22:00:28","date_gmt":"2026-08-13T15:00:28","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/crude-oil-price-breaks-lower-and-moves-below-the-100-hour-ma-436178\/"},"modified":"2026-08-13T22:00:28","modified_gmt":"2026-08-13T15:00:28","slug":"crude-oil-price-breaks-lower-and-moves-below-the-100-hour-ma","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/crude-oil-price-breaks-lower-and-moves-below-the-100-hour-ma-436178\/","title":{"rendered":"Crude oil price breaks lower and moves below the 100 hour MA"},"content":{"rendered":"<div>\n<p class=\"PDq2pG_selectionAnchorContainer\">The price of crude oil futures has moved lower, with sellers gaining momentum after the price broke below its 100-hour moving average at $81.39.<\/p>\n<p class=\"PDq2pG_selectionAnchorContainer\">\n<p>The move lower follows repeated failures earlier this week to sustain gains above the 50% retracement of the decline from the late-July high to the early-August low. That retracement comes in at $83.87 and has proven to be a key resistance level. The price reached $84.54 on Tuesday and $84.35 yesterday, but buyers could not extend the move higher.<\/p>\n<p>More importantly, after crude initially moved lower yesterday, the subsequent rebound stalled near the $83.87 retracement level. That failure gave sellers the go-ahead to push the price back to the downside, and the bearish momentum has continued into today&#8217;s trading.<\/p>\n<p>The latest technical development is the break below the 100-hour moving average at $81.39. Staying below that moving average keeps the sellers firmly in control and shifts the focus toward the 200-hour moving average at $79.47. That represents the next key downside target.<\/p>\n<p>A break below the 200-hour moving average would increase the bearish bias further and open the door for additional selling, with the 200-day moving average at $76.66 becoming a more important longer-term target.<\/p>\n<p>There does not appear to be a specific headline catalyst driving today&#8217;s decline. Instead, the move has been technically driven: buyers had their shots above the 50% retracement earlier this week and could not sustain the break. The subsequent failure at that level, followed by today&#8217;s move below the 100-hour moving average, has shifted the technical advantage more firmly in favor of the sellers.<\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The price of crude oil futures has moved lower, with sellers gaining momentum after the price broke below its 100-hour moving average at $81.39. The move lower follows repeated failures earlier this&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-436178","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/436178","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=436178"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/436178\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=436178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=436178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=436178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}