WTI Crude: Daily TPO & Price. 27Aug
Overnight
As of 730 CST,
the market has auctioned higher from Mon Settlement, 105.92s, achieving the Globex Stopping Point, 108.56s, at/near the Daily 2nd Std Dev High.
The market has auctioned toward Major Structural Resistance, 108.80s, of the multi-week Balance, 102.20s-108.80s, aided by the Syrian narrative.
Market poised to open Gap higher into Pit session. Focus on both response to possible Gap and Major Structural Resistance cluster, 108.80s-108.20s.