WTI Crude Daily 27Oct


Friday's Auction

As noted in Fri's analysis, focus on response to 80.35s-80s was key in Mon's auction as selling interest drove price to Key Structural Support, 80s. Selling pressure cleared stops toward 79.40s, near the Avg Daily Range Low before  buying interest emerged, driving price higher within the larger timeframe developing Balance, 80s-83.20s. Focus on response to 81-81.20s, into Tue's auction.

Monday's Auction