Overnight:
As of 730 CST,
the market has rallied toward Mon's
range high following the Stopping Point
at/near 89.40s yesterday, overnight inventory long.
The market has developed a Stopping Point again yesterday as the market continued price discovery lower into the 90.40-88 trade cluster. The pullback in the London session to 90.20s encountered a buy response. This suggests balance potential within current cluster, 89.40s-91.50s, as market has likely gotten too short in near term.