WTI Crude: Daily TPO & Price. 20Aug





Overnight:

As of 730 CST,
the market has auctioned lower from Mon Settlement, 106.86s, achieving a Stopping Point, 105.75s, within last week's lower cluster, 105.70s-106.70s.

The 3 day Balance, 106.60s-108.20s, has breached to the downside as sell programs drove price lower. The market is poised to open Gap lower, implying meaningful sellside structural imbalance. Gap rules will apply. 

Focus into Pit session on potential development of Gap.