Friday's Auction
As noted in Fri's analysis, focus on
response to Prior Key Resistance/Breakout Point, 76s-76.50s, was key in Mon's
auction as two sided responsive trade developed around this area, absorbing the
initiative buying and selling interest. Rotation toward the low into the close
places the burden of proof on the buyside to defend Key Structural Support and
ultimately drive the market higher. Focus on response to 76s-75.60s into Tue's
auction.
Monday's Auction
