WTI 16Nov

Monday's Auction
via The Daily

As noted in Fri's analysis, the focus into Mon's auction on response to developing Balance, 40.20s-41s, within the Major Structural Support Area, was key as buying interest emerged at/near 40.10s, driving price higher to Key Structural Resistance at/near the Daily 1st Std Dev High into the close. Focus into Tue's auction on response to 42.25s-41.50s.