WTI Crude Daily 30Jan




Thursday's Auction 

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.




Friday's Auction
via The Daily