WTI Crude Daily 16Feb



Friday's Auction 


As noted in Fri's analysis, focus on response to 53.40s  was key in Mon's auction as selling interest emerged, forming a Structural Selling Tail, 53.70s-53.20s, following minor range extension higher/stop clearing above Fri's High. Focus on directional response following near D shape distribution, 53.20s-52.70s, into Tue's auction. 




Monday's Auction