Wednesday's Auction
As noted in Wed's analysis, focus
in Thu's auction on response at/near 88s, was key for confirmation or negation
of the breakdown. Selling interest drove price lower toward 85.60s, the Avg
Daily Range Low. Upon the Globex reopen, selling interest drove price lower
from Thu's Low toward 84s, near the Daily 1st Std Dev Low. Focus into Fri's auction on Major Yearly
Support, 86s-84.60s, and the potential for Gap Lower open.
Thursday's Auction