Overnight:
As of 730 CST,
the market has auctioned lower from Thu Settlement, 108.80s, during the Asia session, achieving the Stopping Point, 106.79s, at the Daily 1st Std Dev Low. Buy programs entered there, driving price back to Settlement, setting up the current Globex Balance, 106.80s-108.40s.
Focus into the Pit session open on the response to this week's Key breakout area, 108.80s-109s. Should the market fail to auction back above that area, the structure is likely a false breakout from Major multi-week Balance, 102.20s-108.80s, barring new data from the Syrian narrative.