Overnight
As of 730 CST,
the market has auctioned higher from Wed Settlement, 106.85s, following yesterday's Structural Buying Tail, 105.60s-106.05s, which implied potential for higher prices. The lower trade cluster, 105.70s-106.70s, now functioning as support.
Market is poised to open Gap higher. Response to Gap will be of focus into Pit session. Gap rules apply. Should Gap hold, expectation will be for higher prices to challenge Major Resistance. Should the Gap fail, expectation for significant long liquidation through the range.