WTI Crude Daily 29Dec


 Wed-Fri's Auction 
via The Daily

As noted in Fri's analysis, focus on response to 54.50s was key in Mon's auction as selling interest emerged at/near 55.40s following the formation of a D shape Globex formation. Price discovery lower toward the Avg Daily Range Low, 52.90s, probing below Major Structural Support, 53.25s-53.50s. Focus on response to 52.90s-53.50s, into Tue's auction.




Monday's Auction