WTI Crude Daily 02Apr


Wednesday's Auction

As noted in Wed's analysis, focus on response to retracement to the Breakout Area/Prior Resistance, 49s-48.50s, was key in Thu's auction as Globex selling interest drove price toward Key Support, encountering responsive buying interest there. Balance then develoepd into the Good Friday holiday week's end. Focus remains on response to the Key Demand Area, 48.50s-48s, into Mon's auction.   



Thursday's Auction