WTI 04Dec

Friday's Auction
via The Daily

As noted in Thu's analysis, the focus into Fri's auction on response to Key Buy Program Support, 40.80s, was of note as a Sell Spike developed, 41.25s-40.20s ahead of the NY open, driving price through Key Structural Support, resulting in price discovery to the ADR Low. Focus into Mon's auction on response to developing Balance, 39.60s-40.50s.