Thursday's Auction
via The Daily
As noted in Thu's analysis, focus on
response to Thu's trade cluster, 53.50s-56.50s, was key Fri's auction as buying
interest emerged following the Globex D
shape distribution formation resulting in price discovery higher toward the
Daily 1st Std Dev High. Focus on response to undefined resistance, 58.42s, into
Mon's auction.
Friday's Micro-Blog Excerpt I
via The Daily
Noted here during Friday's auction is the development of the Globex D shape distribution, implying the potential for directional activity. Initiative buy programs then entered, driving price toward the initial upside expectation, Thu's HVN, 55.85s.
Friday's Micro-Blog Excerpt II
via The Daily
Noted here during Friday's auction is the buyside trend continuation following the micro-balance near the initial upside target, 55.85s. Order flow informed the expectation for higher prices as the market traded toward the Avg Daily Range High expectation.
Friday's Auction
via The Daily
