WTI Crude Daily 09Apr



Wednesday's Auction

As noted in Wed's analysis, focus into Thu's auction on response to Wed's Sell Spike, 51.30s-50.40s, was key in Thu's auction as balance developed within the Spike with range extensions higher in both the Globex and NY auctions. The Spike held as support. Focus into the Fri's auction on the developing Balance, 52s-50.60s.     




Thursday's Auction