WTI Crude Daily 31Dec


Tuesday's Auction
via The Daily

As noted in Tue's analysis, focus on response to edges of current trade cluster, 52.70s-54.30s, below the Key Structural Breakdown Point was key in Wed's auction as selling interest emerged near 54s driving price through the range encountering responsive buying interest near Key Structural Support as continued Balance development unfolded through the NY auction close with short covering toward Key Structural Resistance upon the Globex reopen. Focus on response to the Breakdown Area/Prior Support, 54s-54.30s, into Fri's auction.  



Wednesday's Auction