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Friday's Auction
via The Daily
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As noted in Fri's analysis, focus on response to the Trade Cluster, 66.20s-66.80s, was key in Mon's auction as selling interest emerged, driving price lower into the Pit session as the market was poised to open Gap Lower. A Selling Tail, 64.75s-64.55s, developed and selling interest drove the market to new lows. Focus on response to 62.78s, undefined support, into Tue's auction.
Monday's Auction
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Monday's Micro-Blog Excerpt
via The Daily
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Noted here during Mon's auction is the development of the Structural Selling Tail, 64.75s-64.55s, early in the Pit session, the implication for price discovery lower, and the potential statistical destinations which were achieved.