WTI Crude Daily 11Aug

Tuesday's Auction
via The Daily
As noted in Mon's analysis, the focus into Tue's auction on response to the pullback to the Breakout Point/Prior Resistance, 44.20s, was key as buying interest emerged in Globex near there, only to be negated by structural selling. Focus into Wed's auction on response to the Stopping Point, 42.69s, within the context of a Sellside Breakdown below 43.60s.