Tuesday's Auction
via The Daily
As
noted in Tue's analysis, focus on response to 45.90s-45.60s, (Breakout
Area/Prior Resistance) was key in Wed's auction as negation of the buyside
auction developed and price discovery back toward the Major Structural Stopping
Point Low developed. Focus on Wed's Sell Spike into Thu's auction.
Wednesday's Micro-Blog Excerpt
via The Daily
Noted here is the initiative sell program activity (ISP) at/near 45.55s driving price lower into Wed's Globex Buying Tail. The failure of the Buying Tail and subsequent unsecured low implied the potential for price discovery lower. Ultimately, this probability path unfolded toward our Avg Daily Range expectation.
Wednesday's Auction
via The Daily
