Wednesday's Auction
via The Daily
As noted in Wed's analysis, focus into Thu's auction on response to the Breakout Point/Prior Resistance, 51.10s, was key as selling interest drove price toward the Key Structural Support, 51s, into the close. Focus on response to 51s into Fri's auction.
Thursday's Micro-Blog Excerpt
via The Daily
Noted here (highlighted in yellow) during Thu's auction:
- Initiative buy programs (IBP) at/near 51.50s with the burden of proof on Sellside at the Unsecured High.
- Key Upside Reference Levels including the Globex High, 52.40s.
- Expectation for price discovery higher.
- Price discovery higher toward 52s, ultimately toward the Globex High, 52.40s.
Thursday's Auction
via The Daily
