WTI Crude Daily 10Nov

Friday's Auction

As noted in Fri's analysis, focus on response to Key Structural Resistance, 79.40s, and High Usage Resistance, 80.20s, was key in Mon's auction, as selling interest emerged at/near 79.95s, driving price lower, achieving the Stopping Point Low, 77.35s, within last week's Demand Cluster, 77.60s-77.10s. Focus on response to 77.40s into Tue's auction.

Monday's Auction