Thursday's Auction
via The Daily
As noted in Thu's analysis, focus in
Fri's auction on 43.90s-44.20s, Thu's buy program support area, was key as
buying interest emerged there during the NY auction, forming a Buying Tail and
resulting in an aggressive short covering inventory auction. Focus into Mon's
auction on response to Fri's upper trade cluster, 48.50s-47.25s, in context of
undefined resistance.