CL Dips to New 7‑Day Low of 74.66, Remains Above 30‑Day Support

CL slipped to a new 7‑day low of 74.66, down roughly 0.7% from the prior 7‑day peak of 75.18. The price stays about 9% above the 30‑day low of 67.86, indicating the move is more a continuation of the recent downtrend than a reclaim of longer‑term support.

• New 7‑day low set at 74.66, breaking the prior 7‑day high of 75.18.
• Price remains ~9% above the 30‑day low of 67.86, suggesting no reclaim of longer‑term support.
• The move reflects a continuation of the recent downtrend rather than a reversal.