Monday's Auction
via The Daily
As noted in Fri's analysis, the focus
into Mon's auction on response to Key Structural Stopping Point Area,
46.60s-47.10s, was key as selling interest entered there, driving price lower
toward the Daily 1st Std Dev Low. Focus into Tue's auction on response to Mon's
Sell Spike.
Monday's Live Blog Excerpt
via The Daily
Monday's
auction saw a structural Gap Lower open. Based on the market generated
data, this market structure implied asymmetric potential for lower
prices. The market ultimately saw price discovery lower toward the Daily 1st Std Dev Low.