Friday's Auction
via The Daily
As noted in Fri's analysis, focus into Mon's auction on response to
Fri's Sell Spike was key as buying interest emerged at/near Fri's Spike Low/
Key Structural Support, driving price back through the prior 3day Balance
toward Key Resistance, 58.60s. Focus into Tue's auction on response to Mon's
Sell Spike, 57.90s-57.25s.
Monday's Micro-Blog Excerpt
Monday's Micro-Blog Excerpt
via The Daily
Noted here during Mon's auction
(highlighted in yellow)
- The development of a Structural Buying Tail, 56.80s-57s, early in the NY auction within the context of an unsecured high.
- Initiative buy programs (IBP) enter, 57.20s-57.25s.
- The failure of the Sellside at the 3day Balance Low, implied potential for continued, rotational trade through the 3day Balance.
- Key upside reference levels included the 3Day Balance High, 58.80s. Ultimately, the market traded toward 58.60s before selling interest shut off the buyside auction.
