WTI Crude: Daily Structure & Price. 31Jul

Wednesday's Auction

As noted in Wed's analysis, response to Key Structural Support, 99s. was key in Thu's session as selling interest drove price lower to challenge Major Structural Support at/near 98s following the NY session -1 Standard Deviation trend. Focus on response to 98s-97.60s into Friday's session.

Thursday's Auction 

 Following Thu's NY Session & Settlement, 98.22s,
97.60s-97.50s of focus into Friday's Globex session based on the market generated data.

 NY -1 Standard Deviation Trends