Wednesday's Auction
via The Daily
As noted in Wed's analysis, focus on response to the undefined resistance at/near 48.50s was key in Thu's auction as price discovery higher occurred as buying interest ultimately drove price toward the Daily 1st Std Dev High Area. Selling interest emerged as the buyside breakout failed, resulting in rotation back through the range toward the Key Demand Cluster, 45.50s-46.50s. Focus into Fri's auction on response to Demand Cluster, 45.50s-46.50s as Feb-Mar contract roll is completed.
Thursday's Micro-Blog Excerpt
via The Daily
Noted here into the NY open is the potential for the development of the Selling Tail, 51.20s-50.30s, implying an asymmetric potential for lower prices in the NY auction based on the market generated data in our Structural Signal Database.
WTI London Selling Tails
via The Daily
Asymmetric potential for lower prices into the NY auction, based on the market generated data. This probability path did unfold in Thu's auction toward the Avg Daily Range Low.
