Wednesday's Auction
via The Daily
As noted in Tue's analysis, the focus
into Wed's auction on response to developing trade cluster, 46.25s-45.20s, was
key as buying interest attempted to drive price higher on "bullish"
EIA data. Selling interest entered at/near the 5day VWAP, driving price
aggressively lower toward 44.80s. Focus into Thu's auction on response to
44.80s-45.20s.