WTI Crude Daily 24Feb


Mon's Auction
via The Daily

As noted in Mon's analysis, focus on the response to Mon's Selling Tail in Tue's auction was key as selling interest drove price lower from there during the Globex auction, retesting Mon's Low. Responsive buying interest entered at the low, developing Balance before initiative buying interest drove price higher achieving the Stopping Point High, 50.35s, within Mon's Selling Tail. Focus on response to Tue's Sell Spike, 49.80s-49.20s, into Wed's auction.


Tue's Auction