WTI Crude Daily 23Sep


Monday's Auction
As noted in Mon's analysis, focus on response to 90.40s into Tue's auction was key as buying interest drove price higher during the Globex session. Aggressive selling emerged into the Pit session resulting in a Buying Tail, 90.77s-91.24s, as buying interest drove price higher toward the Avg Daily Range High after shaking out weak long inventory. Focus into Wed's auction around response to 91.80s-92s. US EIA Wed. 

Tuesday's Auction