WTI Crude: Daily TPO & Price. 22May
Overnight
As of 700 CST,
the market has auctioned lower from Tue Settlement, 96.16s, achieving the Stopping Point at/near 95.35s, encountering the buyside shift in the order flow sequence there driving price back up through the Globex range.
The Globex p shape structure & directional breach of the balance high, 95.95s, implies price discovery potential higher into the Pit session. 96.90s (Overhead POC) of focus into the Pit session.
Bernanke Speak & EIA Pending....
