WTI Crude Daily 27Jan




 Monday's Auction 
via The Daily

As noted in Mon's analysis, focus on response to the Demand Cluster, 45s-44.50s, was key in Tue's auction as buying interest emerged there, driving price toward  Key Structural Resistance. Focus on response to 45.90s-45.60s, (Breakout Area/Prior Resistance) into the Wed's auction for confirmation/negation of the buyside auction.





 




Tuesday's Micro-Blog Excerpt
via The Daily

Noted here ahead of the NY auction is the expectation for price discovery higher toward 45.75s/46.40s based on the structural data.  Ultimately, this probability path unfolded toward 46.55s. 










Tuesday's Auction