Thursday's Auction
via The Daily
As noted in Thu's analysis, focus in
Fri's auction on response to 47s-47.20s & Thu's Buying Tail, 45.85s-46.30s,
as buying interest emerged near 46.50s to drive price toward 47.50s where
selling interest entered, driving price lower toward Major Demand Cluster into
the close. Focus on response to 44.50s-45.50s, into Mon's auction.
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 Fri's auction following the Selling Tail holding as resistance through the London auction.
Friday's Micro-Blog Excerpt
via The Daily
Noted here is the significance of the Globex Selling Tail formation and implication for price discovery into the NY auction. Additionally, the initiative sell program activity (ISP) noted at/near 46.25s implied price discovery potential that ultimately unfolded toward the 45.35s.
Friday's Auction
via The Daily
