WTI Crude Daily 01Sep

Tuesday's Auction
As noted in Mon's analysis, the focus into Tue's auction on response to Mon's Stopping Point High, 49.33s, was key as selling interest emerged near there at 48.90s, driving price lower in retracement toward the Daily 2nd Std Dev Low, near last week's Breakout Point/Prior Resistance. Focus into Wed's auction on response to the Buyside Breakout Area/Prior Resistance, 45.40s-43.40s.  

Tuesday's Live Blog Excerpt