WTI Crude: Daily Structura & Price. 14Aug

Wednesday's Auction

As noted in Wed's analysis, response to the 8day POC, 97.35s, was of key focus in Thu's auction as selling interest emerged there, driving price lower in a Structural Breakdown beyond the Daily 2nd Std Dev Low. Focus on response to the Stopping Point Low Area, 95.25s-95.45s, as support remains undefined. 

Thursday's Auction