Tuesday's Auction
via The Daily
As noted in Tue's analysis, focus on
response to Key Structural Demand Cluster, 47.30s-48.70s, was key in Wed's auction as buying interest drove price
higher toward the Daily 2nd Std Dev High. Focus on response to retracement to
the Breakout Area/Prior Resistance,
49s-48.50s into Thu's auction.
via The Daily
Noted here during Wed's NY auction (highlighted in yellow)
- Initiative buy programs (IBP) driving price higher from 48s.
- 30min Buyside Delta Momentum extreme reached at/near 49.20s with the expectation for a higher priced Stopping Point.
- Key upside reference levels to the Daily 1st Std Dev High, 49.69s. Ultimately, the market achieved the Stopping Point High near the Daily 2nd Std Dev High expectation, 49.69s.