Friday's Auction
As noted in Fri's analysis, focus on
response to Fri's Low, 65.70s, was key in Mon's auction as price discovery
lower continued to 63.70s before encountering buying interest that developed a
substantial short covering inventory adjustment rally back to near term
Overhead Supply, 68s-69.50s. Focus on response to the Key Supply Cluster,
68s-69.50s, into Tue's auction.
Monday's Auction
