WTI Crude: Daily TPO & Price. 20May
Overnight:
As of 730 CST,
the market has auctioned lower from Fri Settlement, 96s, and Selling Tail, 96.45s-96.20s, achieving the Stopping Point at/near the 95.35s.
The market balanced before initiated buying entered ahead of the Chicago Fed release driving price back to Settlement.
Volume has moved to Jul contract, so roll may create some volatile balance until completed. This and response to Fri Selling Tail of focus into Pit session.