WTI Crude Daily 27Nov


Wednesday's Auction 
via Daily Statistical Levels Study 

As noted in Wed's analysis, focus on response to Balance, 73.30s-74.30s, was key in Thu's holiday shortened Globex session as selling interest drove price below Major Structural Support as major long liquidation unfolded toward the Summer 2010 Demand Cluster, 67s-72s, in a sellside auction of statistical extreme. Focus on response to the lower Balance cluster, 67.75s-69.50s, into Fri's holiday shortened session.

Thursday's Auction