Tuesday's Auction
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
via The Daily