WTI Crude: Daily TPO & Price. 18Sep
Overnight:
As of 730 CST,
the market auctioned higher from Tue Settlement, 105.42s, achieving the Stopping Point, 106.60s, at/near the Daily 1st Std Dev High into the London session. Sell programs entered there, driving price lower, retracing the rally.
Contract roll is currently underway from Oct-Nov. Focus on response to either edge of current Balance, 105s-106.60s, into Pit session. EIA pending followed by FOMC at 1pm CST....
