Wednesday's Auction
via The Daily
As noted in Tue's analysis, the focus
into Wed's auction on response to Tue's Buy Spike, 42.90s-43.38s, was key as
selling interest emerged there resulting in price discovery lower through the
"bearish" EIA data beyond the Daily 2nd Std Dev Low. Focus into Thu's
auction on response to Prior Major Structural Support, 41.30s, for
confirmation/negation of the Sellside directional attempt.
As noted in Tue's analysis, the focus
into Wed's auction on response to Tue's Buy Spike, 42.90s-43.38s, was key as
selling interest emerged there resulting in price discovery lower through the
"bearish" EIA data beyond the Daily 2nd Std Dev Low. Focus into Thu's
auction on response to Prior Major Structural Support, 41.30s, for
confirmation/negation of the Sellside directional attempt.