Overnight:
As of 730 CST,
the market balanced at Wed Settlement, 96.62s, before sellside programs entered, driving price lower toward Wed's Balance High, 96s.
the market balanced at Wed Settlement, 96.62s, before sellside programs entered, driving price lower toward Wed's Balance High, 96s.
Failure of the pullback to illicit a buyside response at/near 95.75s-96s implies Wed's rally phase was the uptick/retest of the key Stopping Point, 97.20s, with bearish implications. Response at this area will be of focus into today's Pit session.