WTI Crude Daily 14Jul

Tuesday's Auction
via The Daily

As noted in Mon's analysis, the focus into Tue's auction on response to Key Supply Cluster, 53.30s-52.75s, was key as Globex selling interest drove price toward the Avg Daily Range Low, where buying interest emerged, ultimately driving price back through the range toward 53.43s. Focus into Wed's auction to Key Supply Cluster, 53s-53.40s, within context of Tue's Unsecured High.