WTI Crude Daily 02Sep

Wednesday's Auction
via The Daily

As noted in Tue's analysis, the focus into Wed's auction on response to the Buyside Breakout Area/Prior Resistance, 45.40s-43.40s, was key as two-sided rotational trade developed within this Key Demand Cluster and Buying Interest developed at/near Major Structural Support, 43.40s. Focus into Thu's auction on response to Key Structural Support, 45s-45.50s.