Friday's Auction
via The Daily
As noted in Fri's analysis, focus on
response to Fri's upper trade cluster, 48.50s-47.25s, in context of undefined
resistance was key in Mon's auction as early Globex selling interest elicited
buying interest on the pullback, ultimately driving price higher toward the Avg
Daily Range High expectation. Focus into Tue's auction on response to Mon's
Globex Selling Tail, 50s-50.50s.
Monday's Micro-Blog Excerpt
via The Daily
Noted here is the significance of the response at/near Key Structural Support (Fri's High) following Mon's Globex pullback into the NY auction. Buying interest emerged at/near Fri's High, resulting in price discovery higher toward our Daily 1st Std Dev High expectation, 50.56s.
Monday's Micro-Blog Excerptvia The Daily
Noted here is the significance of the response at/near Key Structural Support (Fri's High) following Mon's Globex pullback into the NY auction. Buying interest emerged at/near Fri's High, resulting in price discovery higher toward our Daily 1st Std Dev High expectation, 50.56s.
