WTI Crude: Daily Structure & Price. 28Aug


Wednesday's Auction

As noted in Wed's analysis, focus on response at multi-day POC, 93.50s, and the Structural Buying Tail, 93.35s-93s, was key  in Thu's auction as this week's potential for price discovery higher has unfolded. Focus on response at/near Key Structural Resistance, 95.10s, into Fri's auction.

Thursday's Auction